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Illustrate what systems are affected structural, psychosocial, technical, managerial, goals. What are other alternatives and recommendations
what is the largest loan this bank can make. Illustrate hat is the required reserve ratio.
Show that, no matter what Terry's wage rate, he will choose the same number of hours of leisure per day. What is this amount.
Illustrate what contribution to our understanding of economics were they recognized. Would you say a free society would be enhanced by adopting their findings.
explain how does an anticipated increase in the rate of monetary growth alter the economy? Demonstrate the effect.
Explanation of augmented Phillip's curve model. Using the dynamic augmented Phillip's Curve model (Y/PC/MR), demonstrate the effects.
Explain how did the Phillip's Curve undermine the classical model of the macroeconomy.
Elucidate the derivation of the Keynesian upward sloping AS curve. How does this differ from the classical AS curve.
Elucidate what is meant by a "liquidity trap" in the Keynesian model.
Assume the Keynesian investment function is vertical (perfectly inelastic). Elucidate the shape of the IS curve.
Illustrate the effect of each of the following changes.
elucidate what is the expected effect on equilibrium output of a $100 million expansion in government expenditures.
Compute total factor productivity growth (our measure of technological progress) for each country using the growth accounting framework discussed in class.
As we know the factors that impact productivity growth: Physical capital, Natural resources, Human Capital and Technical Knowledge, should it be Government policy to subsidize the production or acq
If I told you that GDP was forecast to rise by a bit more than 3% over the next year, what would that mean to you. Illustrate what should you be asking about the forecast.
Depends on your readings regarding the Fed's recent policy moves, what is the role for so-called "quantitative easing". Illustrate what are the presumed benefits and what are the tradeoffs.
If the desired fiscal stimulus is $20 billion and the desired AD increase is $50 billion, we can conclude that the MPC.
Suppose all banks hold only the required 10% reserves and always loan out the rest, and that no cash is held by the public.
Illustrate what will be the total amount of new loans in the economy after Sammy's payment.
Calculate the amounts of investment demand, private saving, national saving, net exports, and net foreign borrowing at the foreign interest rate.
explain the expected short impact on firms in the following two industries in terms of product sales and operating costs.
Discuss the effects to the equilibrium price level and GDP. Make sure to address consumption, disposable income, and aggregate demand in your answer.
Compute the marginal physical product of labor as well as the least-cost input combination of labor and capital and how much output is produced with that set of resources.
Explain how much of the difference is accounted for by the population growth rate and how much is due to a different saving behavior.
Find out the two possible fiscal policy solutions for the problem. The Solow model and relative country Performance: