User Account

All Pages

Why not simply pass a law that prohibits firms from changing

Assignment Help Macroeconomics
Reference no: EM13326864

If a nation desires to have stable prices (or low inflation), why not simply pass a law that prohibits firms from changing prices? Explain the pros and cons associated with this case.

Reference no: EM13326864

Questions Cloud

What feature of the male or female gametophytes accounts : That becomes the embryo and the new plant. Mitochondria and plastids that become chloroplasts are passed primarily from the female parent. What feature of the male or female gametophytes accounts for this
Describe the flow of information in protein production : A wrongly folded form of protein in brain cells which can cause diseases such as chronic wasting disease in deer and elk is the result of A) bacteria B) viruses C) retroviruses D) prions
Interest rate 8% per year compounded annually : Given the following information, if the loan is paid by a uniform annual payment scheme, determine the value of A, B, and C.
Compute the revised manufacturing overhead cost : Compute the cost-driver rate for each overhead activity and compute the revised manufacturing overhead cost per unit for each type of entry door.
Why not simply pass a law that prohibits firms from changing : If a nation desires to have stable prices (or low inflation), why not simply pass a law that prohibits firms from changing prices? Explain the pros and cons associated with this case.
By what factor does his kinetic energy change : A 63.5-kg runner has a speed of 5.80 m/s at one instant during a long-distance event. If he doubles his speed to reach the finish line, by what factor does his kinetic energy change
Compute the direct materials price and efficiency : Compute the direct materials price and efficiency variances for the quarter and compute the direct manufacturing labor price and efficiency variances for the quarter.
What is the sequence of the genes on the chromosome : The recombination frequency between linked genes A and B is 40%; between B and C, 20%; between C and D, 10%; between C and A, 20%; between D and B, 10%. What is the sequence of the genes on the chromosome
In a closed economy the marginal propensity to consume is : In a closed economy the marginal propensity to consume is .60 and the marginal propensity to invest is 0.10. What is the size of the multiplier?

Reviews

Write a Review

Macroeconomics Questions & Answers

  Describe possible economic policies

Select any four of the six summary statements and explain in detail the significance and possible causes of each item. Be sure to use the economic concepts and polices discussed in your textbook where applicable. Identify possible economic policie..

  Ixed manufacturing support costs for the present year

Manufacturing support also selling as well as administrative costs comprise both variable and fixed costs; fixed manufacturing support costs for the present year

  As the author listed as the first profit of the creation

As the author listed as the 1st profit of creation of approx 1000 private sector jobs. Describe the logic of this statement.

  What should happen to the exchange rate why

If the expected return of U.S. assets rises while returns on foreign investments remain unchanged, what should happen to the exchange rate? Why?

  Do you think this policy is appropriate in all situations

Most religions argue that individuals should not fully exploit market positions by charging individuals the maximum amount they are willing to pay. However, according to the text, the best policy to follow seems to be to allow prices to rise to th..

  Explain a firm''s price, output or profit change

A firm with a kinked demand curve experiences an increase fixed costs. explain how the firm's price, output and profit change.

  Business cycle in the united states

Assume that the business cycle in the US is best described through RBC theory. An advance in technology raise productivity.

  Calculate the value of funds needed

An engineer considering for retirement decides that she wants to have income of $100,000 per year for 20 years with the first withdrawal starting 30 year from now.

  What is the core issue in this interest group politics

What is the core issue in this interest group politics Which groups are pro limits Which groups would you imagine are lobbying against Are these peak associations or public interest groups What does Goldsmith mean by industry capture

  Effects on inflation and real gdp that these policies will

Assume the economy initially is in a long run equilibrium plus the following:  the U.S. dollar is relatively strong against all major foreign currencies.  Suppose the Congress and the President decide to decrease government spending dramatically

  Rise in government spending increase employment

rise in government spending increase employment and aggregate output in the short-run. Show graphically and use the GDP equation to support your answer.

  Explain how are the slope of a production possibilities

Explain how are the slope of a production possibilities frontier and the opportunity cost of the goods related.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd