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In the 1970's, everyone was working in Japan. People saved money and spent money. They saved less of their income than before 1970's. Their cars were the best in the world and they I were exported throughout the world. Their manufacturing was strong. Their corporate management was..strong and the model for and envy of the world. Their stock market kept going up and up and up because investors were borrowing money from commercial banks to invest in the stock market. Real estate prices were going higher and higher because it was easy to get a loan from the commercial banks. The cost of living went up substantially.
1. Was this period a boom scenario, bust scenario, stagflation scenario or supply side expansion scenario?
2. Discuss the changes or lack of changes for each of the variables M, V, P and Y in the Quantity Theory of Money equation. Use the information in the word problem to support your ?ndings.
3. Would the aggregate demand curve or aggregate supply shift and in which direction?
How to maximize profit in perfect competition market? Can firm sustain loss? why?
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In 1929 and 1933, GDP measured in current prices fell from $96 billion to $48 billion. Over the same period, relevant price index fell from 100 to 75.
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Mary is utilizing 3 hot dogs and 2 Cokes at the Bucs game.
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Choose an article from a journal or blog such as the Economist, voxeu, etc. that you find interesting, and report what you get from this article within one page
The lecture this week suggests that the U.S. Supreme Court is the least democratic branch of government, and yet it serves an important function in our democracy. What are the advantages and disadvantages of having a branch of government that is ..
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Calculate the price elasticy of supply for Barbie's Bakery's whole wheat loaf. When the price changes by 26%, the quantity supplied changes by 51%.
Some would argue that due to a significant, Given the concept of comparative advantage, should we even be discussing free versus fair trade?
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