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The exante real interest rate is based on _____ inflation, while the ex post real interest rate is based on _____ inflation.
A) expected; actual
B) core; actual
C) actual; expected
D) expected; core
Marginal cost curves generally slope: a) downward because of decreasing opportunity cost b) upward because of decreasing opportunity cost c) downward because of increasing opp
You are an assistant to a senator who chairs an ad hoc committee on reforming taxes on telecommunication services. Based on your research, AT&T has spent over $15 million on relate
I am writing a macroeconomics commentary about a supply shock-induced inflation, can I include a shortage diagram I learnt in microeconomics and just change demand and supply to AD
What are the instruments of monetary policies
Consider a market where supply and demand are given by QXS = -18 + PX and QXd = 90 - 2PX. Suppose the government imposes a price floor of $41, and agrees to purchase any and all un
Oil price shocks lead to large adverse supply shocks in the macroeconomy, infer Dornbusch et al (2008) who define an adverse supply shock as; ‘one that shifts the aggregate supply
The price and quantity of lumber and other building materials has gone up recently. Show graphically and explain what might have caused this.
c=100+0.8yd
illustrate and discuss the market structures competitiveand non competitive for price determination
Discuss the concept of dynamic multiplier.
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