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GDP is down .5% for the previous qtr, after having been in a decline for the previous twelve months. CPI has been steady for the past twelve months. Unemployment has risen .8% during the previous quarter, after having risen steadily for the past twelve months.
(1)What phase of the business cycle is the economy in? How do you know?
(2) Do want aggregate demand to move? Which way? Why? (3) List one fiscal and one monetary policy that you could use to influence the economy, and tell how you would use them.Dec 13 2014 09:01 AM
q1. how many hours will a person allocate to leisure activities if her indifference curves between consumption and
What is the state of the city finances.
Compare and contrast the arguments made for each location. Provide variables for the expectation of the future value to affirm your recommendation.
How much excess reserves does the bank hold and how much more can this bank lend - What is the required reserve ratio?
For each of the following, draw a diagram that illustrates the likely effect on the market for eggs. Indicate in each case the impact on equilibrium price and equilibrium quantity.
Recently, the Fed is paying banks interests for their required reserves and excess reserves. This is now the fourth policy tool for the Fed to control money supply (in addition to the three policy tools summarized on p. 423.). what if the Fed want..
Normal 0 false false false EN-US X-NONE X-NONE If income increases by $10,..
question 1. libertyville has two optometrists dr. smith s and dr. jones s. each optometrist can choose to advertise his
Some economists have argued that if the government wishes to subsidize health care, it should instead provide predetermined sums of payments (based on the type of health care problems experienced) directly to patients, who then would be free to ch..
a manufacturing company is thinking of launching a new product. the company expects to sell 950000 of the new product
describe the short term effect in terms of the mix of production inputs and the overall level of output in detail of
At the 2013 Winnebago County Fair a vendor is offering a "fair special" on sandals. If you buy one pair of sandals at the regular price of $50, you get a second pair at a 40% discount, and a third pair at half the regular price.
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