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1. There are many limitations in multiplier model. You explain two of them.
2. What is the cost of inflation? You explain only two of them.
3. GDP is commonly used for international comparison of economy. However, there are some limitations. Explain three of them.
4. Assuming that mpe is 0.80 and autonomous expenditures are $ 2,000,
(a) What is aggregate expenditure function?
(b) What is equilibrium income?
(c) What happens on output and income if income is $8,000?
Define what is an economic and political system that calls for public ownership of virtually all enterprises, under the direction of a strong central government?
1) At a price of $9, the marginal revenue of a monopolistically competitive firm is $5. If the marginal cost of production is $7, what should the firm do? 2)For a monopolistic competitive firm, which factor would not increase market power?
1. why are bond markets important?2. why are stock markets important?3. why are banks important?4. what aspects of the
Now you want to "improve" the aggregate production function to increase the supply capacity of the economy. That it, you desire to move the vertical LRAS to the right on the AS/AD diagram.LIST four initiatives that you would focus upon to get the j..
Clipit utilize this advantage to be the first to choose its profit-maximizing output level in the market.
When studying inflation regarding consumer goods, what is the disadvantage of using GDP deflator? When the Bank of Canada pursues expansionary monetary policy.
Suppose that work hours in New Zombie are 300 in year 1 and productivity is $14 per hour worked. What is New Zombie's real GDP? _____$ If work hours increase to 320 in year 2 and productivity rises to $16 per hour, what is New Zombie's rate of econ..
Are people gigging because that is the only thing that they have been able to find in a stressed economy? Are they making enough to not only get by but to thrive? Are they paying taxes on this income?
Discuss the role of credit market imperfections in the transmission of monetary policy - What will happen to aggregate output and the price level in the short run?
When planning the process of preparing a bank reconciliation it is noted that under normal circumstances only one section of the examine may generate additional entries on the books of the account holder.
Explain how higher saving leads to a higher standard of living. What might deter(discourage) a policymaker from trying to raise the rate of saving?
Major multinational company such as Acme (some of which are listed below) attempt to track the relative movements and magnitudes of global capital investment.
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