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What is meant by the term "informal economy"? What are its characteristic features? What relation does it have to the "formal" economy, and what challenges has it presented for how we think about the economy?
How does the expenditure approach calculate GDP. It adds up all the incomes in the economy, It adds up the value of four groups of final goods and services or else.
Some states are required to balance their budgets. Is this measure stabilizing or destabilizing Suppose all states were committed to a balanced budget philosophy and the economy moved into a recession. What effects would this philosophy have on th..
Briefly explain the tools that governments have to move the economy from either a recessionary or expansionary gap to the long run equilibrium level.
Explain how is the United States doing in the most recent quarter compared to Japan, the Euro Area and Canada in terms of production and employment.
Asume that an individuals inverse demand for wireless services in the greater Atlanta.
a. What would be the effect of unexpected inflation on each of the following? b. How would your answers change if the inflation was expected?
Examine the fiscal policies in place at the start of your specific time period in relation to their effects on macroeconomic issues.
Share your definition of globalizaion and whether or not it has more merits or demerits. Discuss, for example, how it benefits developing nations-
Suppose instead of the quota described in Part E that this country negotiates a voluntary export restraint of 12 units with its chief foreign supplier.
Explain whatismulticollinearity. What problem does thepresenceof it cause for the OLS estimator?
a. Determine Pull Ups profit-maximizing output level? What about Oldies'? b. Determine the market's equilibrium price? c. According to a) and b), how much profit does each firm earn?
What do you think large corporations like Microsoft and WalMart should be regulated more or less than they are.
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