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Pleae help me describe what is meant by the Long Run Aggregate Supply curve. What are some factors that could increase the LRAS curve? Please graphically show the shift for an increase in the LRAS. Make sure the graph is fully labeled.
Discuss at least two pricing strategies you can use to increase your revenues and analyze them in terms of their ability to generate additional profits. Indicate any additional assumptions you are making.
Which combination of fiscal policy actions would most contractionary for an economy experiencing severe demand-pull inflation.
a) What kind of returns to scale does this technology exhibit? b) Calculate the Conditional Input Demand for good 1, and good 2, c) Find the cost function, as well as the marginal cost function.
A coin has probability p of landing heads. You are offered a bet in which you will be paid $21 if the first head occurs on the jth flip. What is the expected value of this bet when p = 1/2
Calculate the utility-maximizing commission rate for Jack to choose.
prepare a proposal recommending monetary policy actions designed to correct problems with spending employment and
Explain the use of the Mundell-Fleming Rule to solve a combination of Unemployment and BOP deficit. Be sure to explain how your policies would fix the imbalances.
Prepare an economic forecast for Canada covering January - December, 2017. What do you expect to happen to interest rates and inflation? What are the prospects for growth in Canada's major economic sectors
How do you feel this has impacted the range of choice you have in radio stations? Did government deregulation cause the creation of monopolies? Why or why not? How are natural market forces and other economic factors changing or not changing your ..
When the Soviet Union, which had been a command economy, broke apart, an official of the new Russian government called an official of the American government and asked" "Who is in charge of bread distribution?"
We have assumed that consumption depends only on disposable income. Now suppose that consumptions depend on both disposable income and interest rate. As interest rate increase, consumption decrease. a. If consumption suddenly begins to depend on in..
What negative effects do you think this borrowed money could have on the US's economy (be very specific)?
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