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on the basis of the three sets of data for the country of North vaudeville:
a. Which set of data illustrates aggregate supply in the immediate short-run in North Vaudeville? The short run? The long run?
b. Assuming no change in hours of work, if real output per hour of work increases by 10 percent, what will be the new levels of real GDP in the right column of A? Does the new data reflect an increase in aggregate supply or does it indicate a decrease in aggregate supply?
If the US population is growing at .88% per year, while GDP is growing at 2.5% per year, and if these growth rates remain constant for the next five years, what will be the population and GDP levels in five years? Please show your work.
Elucidate are the characteristics of the market for lemons.
Explain is low stable inflation also deflation better for the economy.
Explain how much should it be willing to pay today for the office complex.
Assume that the initially equilibrium was 200 units and that this was also full employment level of income. Suppose that the consumption is C = 25 + 0.8YD,
Consider the problem of the book assuming that the utility is Cobb-Douglas (U (C, l) = C α l β )
Assume you do not think that the statement does have any credibility. Illustrate what is the expected impact of the resulting policy on your business.
Research monetary and fiscal rules that have affected a particular chosen industry and determine two sources to help you answer following questions about the industry you select.
With an expanded strategic analysis of your organization it is time to turn to your workers and understand their views.
The focus of the text is development of "3-criteria," successful organizations have in their human resource organization plans: the project of decision rights; an appropriate incentive and rewards system;
Green sister has a dso of twenty days. The firm average daily sales are $20,000. What is the level of its accounts receivable? Suppose there are 365 days in a year.
Suppose the simple spending multiplier equals 10. Estimate the size and direction of any shifts in the aggregate expenditure line, the level of real GDP demanded,
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