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the following table lists the stages required in the production of a personal computer what is the value of the
people sometimes argue that imports should be limited by government policy suppose a government quota on the quantity
total spending in the economy is equal to consumption plus investment plus government spending plus net exports if
1 which sector household business or international spends the most which sector spends the least which sector because
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there are several determinants of aggregate supply that can cause the aggregate supply curve to shifta describe those
draw a short-run aggregate supply curve that gets steeper as real gdp risesa explain why the curve has this shapeb now
1 draw and carefully label an aggregate demand and supply diagram with initial equilibrium at p0 and y0a using the
1 in the boom years of the late 1990s it was often said that rapidly increasing stock prices were responsible for much
1 what is the role of aggregate demand in eliminating the gdp gap how does the slope of the as curve affect the fiscal
1 briefly describe the major differences between fiscal policy in industrial countries and that in developing
1 why do government budget deficits grow during recessions2 taxes can be progressive regressive or proportional define
1 describe the four functions of money using the us dollar to provide an example of how dollars serve each function2
1 why are informal financial markets used in developing countries give an example of an informal financial market2
1 the deposit expansion multiplier measures the maximum possible expansion of the money supply in the banking system
1 why does the aggregate demand curve slope down give real-world examples of the three effects that explain the slope
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if tax revenues equal 100 billion government spending equals 130 billion and the government borrows 25 billion how much
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1 what is liquidity rank the following assets in order of their liquidity 10 bill personal check for 20 savings account
1 the federal reserve system divides the nation into 12 districtsa list the 12 cities where the district banks are