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Consider a perfectly competitive market. Analyze and explain in detail using graphical tools to show what you expect to happen to the number of firms and firm profitability in the short run and long run a) if demand for the product falls and b) if demand for the product rises.
Illustrate what is the capital account balance. Illustrate what is the official settlements balance.
Derive Chenyu's consumption function in terms of her annual income Y and initial wealth W according to the life-cycle model.
Compare the effects of the drought under the tariff with those under the quota
As a manager, Explain how would you decide Explain how many workers to hire. Illustrate factors might play a role in your decision.
On aggregate demand does fiscal policy have a strong impact. Explain the shift of the federal budget from deficit to surplus during the 1990s weaken aggregate demand.
Illustrate what are the different types of inflation. Elucidate why is it important to know which type of inflation we may be experiencing.
What happens to the equilibrium prince and quantity in each markets when the government reduces the supply ofgoods with elastic demand.
Find a current article about one or more of the macro variables for a nation of your choosing, such as GDP, employment, inflation, or international trade.
Illustrate what evidence does GI present to support the view that Canada had entered a recession
Assume the Bank of Japan allowed the money supply to grow by 2% each year while the Bank of Korea chose to maintain relatively high money growth of 12% per year.
What effect would a 30 percent reduction in the number of new homes completed have on Mapco's sale.
Explain how the short-run Phillips curve, the long-run Phillips curve, the short-run aggregate supply curve, the long-run aggregate supply curve, and the natural rate hypothesis are all related.
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