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What would you include in the GDP calculation (in addition to what's already counted by Statistics Canada) to make it better reflect the living standards? Why?
During the period 1973-1975, the United States experienced a deep recession with a simultaneous sharp rise in the price level. Would you conclude that the recession was the result of a supply shock or a demand shock.
Describe several barriers (beyond antitrust laws) to collusion among oligopolists.
The economy is initially in long-run equilibrium. The AD curve shifts to the right and the price level rises. Assuming that the economy is self-regulating, the SRAS curve will shift to the left and the price level will rise even further.
Unemployment is low and inflation is rising, but slowly. Gross Domestic Product is also rising. The Federal Reserve may increase the reserve requirement at this point in order to
Draw a graph which shows the short-run aggregate supply, long-run aggregate supply, and aggregate demand. Describe the equilibrium point
Illustrate what is the relationship among the variable selected and the economy. What trends do you see in the data sets.
Rank the bonds in terms of convexity, and express the convexity relationship between zeros and coupon bonds in terms of maturity and duration equivalencies.
Three natural resources as well as products that could be traded abroad based on the principles of comparative advantage for India.
John and Mary are divorcing. John is demanding that Mary pay him $75,000 of alimony in the first year after the divorce, $50,000 in the second year, and $25,000 in the third and all subsequent years until he dies or remarries. What
Compute the implied arc price elasticity of demand. Is a further price decrease warranted.
Can you please provide an example of the market where government has imposed a price ceiling or a price floor and use demand and supply analysis to elucidate the consequence on that market.
For each SKU, make a prediction about the effects of increasing price by $0.01 on sales. Does this result make sense? Which result are you most confident in
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