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assuming that B=0.33 Y1998=[0.33]Y1998 Estimate the permanent income for 1998
definition of cheap money
Consider the impact of an increase in thriftiness in the Keynesian-cross analysis. Assume that the marginal propensity to consume is unchanged, but the intercept of the consumption
Discuss whether high indirect taxes are best way to discourage smoking
Critically explain why interest rates are pro-cyclical, using the supply and demand for bonds framework.
draw a diagram that explains how interest rate sare determined in the keynesian macroeconomic model
Write a one paragraph summary and three paragraphs that take the information in the article and relate it specifically to the circular flow model and the supply and demand curves.
Lucas’ point of view, what are the limitations of the Keynesian model? What improvements does he suggest?
what does a weaker dollar to a) raise inflation and contract the economy b) reduce inflation and contract the economy c) raise inflation and expand the economy d) reduce inflation
How does the Ricardo Viner diagram react when once price changes, effects on real wages, and labor allocation?
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