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behavioral economists suggest that brand-loyalty which can be a source of monopoly power for the producer may be
considering the circular flow model for a four sector economy if leakages exceed injections at some income level we can
fred loves tomatoes he makes soups sauces and stews with them stuffs them roasts them and grills them fred has
based on the circular flow leakage-injection model an increase in the size of the federal budget deficit would affect
assume the model y c i g x - m where c a byd and ydy - tx tx is exogenous i f i but mpi 0 g go and x xo m mo
an increase in government spending would shift the is curve to the rightmdashand shift it by the amount indicated by
the more interest elastic the flatter the investment demand function the stronger will be the ldquocrowding outrdquo
if you asked for a loan in cash rather than accepting a checking account what impact would this action have on the
suppose the government increases aggregate demand to a level that increases gdp above its long-run equilibrium level
deficit spending for education and scientific research may impose less of a tax burden on future generations than
which statement about inflation targeting is true a inflation targeting calls for the fed to set the growth rate of the
the differnce between the nominal and real exchange rates is that a nominal rates are temporary while real rates are
give one historical reason and one theological reason for the split between sunni and shirsquoa islam a historical
the market mechanism is the tendency for supply and demand to equilibrate so that there is neither excess demand nor
discuss the moral hazard referred to as conflicts of interest give a recent example of one that existed and discuss the
discuss the tools of monetary policy in the united states discuss the effects of each tool and explore the associated
if the interest rates are zero bound compare the effect of an expansionary monetary and fiscal policy draw graphs to
why do we use present value calculations when analyzing policies that have costs and benefits that play out over time
why is it that firms can earn profits in the long run in monopoly and oligopoly but not in monopolistic competition and
when banks hold excess reserves they a increase the amount of loans to the public b reduce the actual money multiplier
1 household production consists ofa any commodities which are produced at home and then soldb any commodities which are
1 what factors will shift the supply and demand for currency2 what are the three categories of transactions in the
1 explain how each of the following will affect the relative values of the dollar and the french franca income growth
compare and contrast china and us economic performance during the past five years please make use of time series data
are there differences in how the democratic party and the republican party view the economy what are the differences if