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Question:
Suppose the government of Canada has instituted an expansionary fiscal policy to boost aggregate output. Canada has a floating exchange rate regime and there is a high degree of capital mobility. What is the effect on unemployment rate?
Illustrate what would happen if the government intervened and lowered the maximum price that could be charged for this service or good. How would this change the output and price.
What are other barriers to entry in the pharmaceutical industry? Should drug patents be extended to 20 years after FDA approval? Explain what would be the costs
What are the 5 factors that you can consider as the basis for the improvement of the Philippine economy ? Why?
Illustrate the similar price elasticity of supply, sellers would be able to pass along the smalles portion of a 10%tax on which item.
It is May 1. You have just bought $2000 worth of furniture. You will pay for it in 24 equal monthly payments starting at the end of May next year. Interest is 6% nominal per year, compounded monthly. How much will your payments be? Using compound int..
What are the seven objectives normally listed in respect of a government’s economic policy? What are the effects of these on the economic development of small open economies?
Why do gas price fluctuate? What causes increases and decreases in the price of gasoline? Use Supply and Demand curves to illustrate arguments.
Review the article and present your thoughts regarding the impact of this event/situation on the Canadian economy - What does it mean for the future?
Respond to the explanations of home production changes in GDP - discussion board post, we will be discussing the effects on the GDP
Given the following data for a community health center, calculate the average and marginal cost for each output level and (in case of marginal cost) between successive output levels.
Assume the entire economy contains $5000 worth of one-dollar bills. If people fail to deposit any of the dollars, but instead hold all $5000 as currency, how large is the money supply?
Which fiscal policy choices are preferred, by an individual who prefers a small public sector (limited role for government), for solving inflationary and recessionary gaps?
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