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1.Consider an open economy with flexible exchange rates. Suppose output is at the natural level, but there is a trade de cit.
What is the appropriate fiscal and monetary policy mix?
2. In this chapter, we showed that a monetary expansion in an economy operating under flexible exchange rates leads to an increase in output and a depreciation of the domestic currency.
Every year there are new, and sometimes unexpected lawsuits against US corporations. Choose a case for study at the web site http://www.usdoj.gov/atr/cases.html You will find many, many antitrust lawsuits listed alphabetically.
The initial price of cup of coffee is $1.00 and at that price, 400 cups are demanded. If the price falls to .90, the quanity demanded will increase to 500.
Mmachines of Newspaper vending are designed so that once you have paid for one paper; you could take more than one paper at a time.
Find total revenue for quantity equal to 10,000, 20,000 and so on. What is the marginal revenue for each 10,000 increase in the quantity sold?
What is Economic Profit when the olive oil market is a monopoly? What is the 'deadweight loss' when the olive oil market becomes a monopoly?
The Optimal Scam Corporation would like to see its sales grow at 20% for the foreseeable future. Its financial statements for the current year are presented below.
Explain why does the burden of sales tax fall completely on consumer when the price elasticity of demand is perfectly inelastic; the seller when perfectly elastic. and the prefect inelastic supply and perfectly elastic supply.
In this way, resulting legislation would reflect the interests of the many rather than those of a particular faction. In practice, what are the dangers and inefficiencies when party unity and partisanship cause Congress to become deadlocked and un..
Felicity is studying economics and political science. She can read 30 pages of political science per hour but only 5 pages of economics per hour. This week she has a 50-page assignment in economics and a 150-page assignment in political science.
The problem belongs to Economics and the problem is explains the importance of government regulation of financial markets and the subsequent effect on global financial crisis.
(Global Crisis) In 2010 there was a risk that the state of Ireland was at risk of going broke because it had poured too much money into its insolvent banks.
Explain how governments can use fiscal policy to redistribute income. With the help of diagrams distinguish between demand-pull and cost-push inflation. Explain which fiscal policies would be appropriate to deal with these two types of inflation
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