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Question 1: President Biden established a bipartisan commission to examine the subjects of adding additional Supreme Court Justices to the bench and setting term limits for Justices. If you were on the commission what would your recommendation be about these 2 issues?
Question 2: Coinbase, a marketplace to buy and sell digital currencies like Bitcoin, went public last week. Coinbase became the first major cryptocurrency company to do so. Will this increase the use of digital currencies?
Assume the economy is in long run full employment equilibrium with unemployment at the full employment rate of 6% and inflation of 4%. In this situation what would happen to aggregate demand and aggregate supply
Equate the following cash flows to equal cash flows in years 5,6,7,8 and 9. Let i = 8% per year. Use a uniform gradient factor in your solution.You have the following end of year cash flows: Y0 = $400 Y1 = $300 Y2 = $200 Y3 = $100
The technology helps to grow productivity, which in turn frees up resources - permit interest rates to remain lower than otherwise possible. But i am not sure how increased productivity drives economic growth.
Assume there is a proposal to raise tax revenue in order to make workers better off the proposal includes raising the payroll tax
Explain how many popsicles will be sold every day in the short run if the price rises to $2 each. In the long run, if the price rises to $2 each.
The marginal cost of producing the government service is MC= 24. Draw a diagram to show the marginal benefit functions for each person
Describe the history of Economic Shock in your selected country. Explain what causes Economic Shock has throughout Latin America.
Image that the mayor has hired you as a consultant to evaluate the increase in aggregate demand in the city where you live. Describe to the mayor one aggregate demand and supply factor.
The economy is in recession: real GDP is $5 billion. Real GDP is $1 billion short of the natural level of GDP. The government wants to move the economy
Would you rather earn a 4 % nomical or 4% real interest rate? Illustrate by describing the difference between nominal and real variables.
The spirit of equating marginal cost with marginal revenue is not held by perfectly competitive firms oligopolistic firms or else.
Why or why not Also, there are several theories about the reason one yield curve is shaped the way it is and why it changes from time to time. What are they Is there one that you believe explains the shape better than the others
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