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What is the status of current U.S. Fiscal Policy - is it in an expansionary or contractionary phase?
Give some examples of past U.S. fiscal policies and comment on their effectiveness.
What are some limitations of fiscal policy? Discuss some other goals besides economic stability that the government may have that would thwart fiscal policy.
Use both an individual's indifference curve and budget line, and the aggregate labor supply curve to explain and illustrate your answer.
Suppose a monopolist faces a demand equation given by P=20-Q, and MC=AVC=ATC=$6. What is the profit maximizing price for the monopolist?
Begins with the economy at potential GDP, a war in the Middle East pushes up energy prices temporarily. The Fed expands the money supply to accommodate the inflation.
You will also include graphs to show new expected profit-maximizing quantity and price of oil after completion. After determining the profit-maximizing price.
Two CSMA/CD stations are trying to transmit a few long video files. After each frame is sent, they contend for the channel using binary exponential back-off algorithm. What is the probability that the contention ends on round k, and what is the me..
ECON 550 Homework - If the value is 1, 2, 3, or 4, you win $10, otherwise, you win $0. What is the expected value of the game
a. Explain why the villain is wrong, and why we should not be concerned about ecological collapse caused by a world-wide population of 9 billion. b. Describe at least 2 legitimate environmental concerns for the planet and developing nations in part..
What is the latest quarterly estimate of nominal GDP? Of real GDP? Explain why nominal and real differ. Which ones have declined? Which ones are about the same?
Should the Fed purchase or sell bonds to achieve this change?
Assume two countries, A and B, with sizes of domestic markets 300 million and 533 1 3 million units in annual sales, respectively.
Create a matrix identifying the roles, expenditures, and revenue for the federal, state, and local levels of government.
what would have been the marginal opportunity cost of increasing the annual output of wild oats by 200 bushels, from 300 bushels up to 500 bushels?
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