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Q1. Which government institution can make the most money? Q2. How does it make it? Q3. What impact does a larger money supply have on inflation?
Question: Why does inflation make nominal GDP a poor measure of the increase in total production?
How does this new knowledge relate to macroeconomic measures of international exports and imports that are being explored in this unit
Draw the indifference curves for the preference that is represented by the lifetime utility function U = C1 + ßC2, where ß = 0.5.
Explain why scarcity exists. What is the maximum quantity of guns that can be produced? Draw the nation's production possibility curve.
What causes inflation? What is the connection between monetary policy and inflation? How can the Fed rein in inflation?
What is the Catch-Up Effect. Explain it by giving some Examples.
How has the 2008 crisis reshaped the global perception of capital account management? In your view, how flexible should the exchange rates be?
Is global economy through the MNC's an instrument of furthering the economic plight of people in the Philippines specifically belonging to the Middle and Lower
Provide a brief history of the Federal Reserve, including an explanation of why it was created
There are some strong arguments about the ongoing weakening or loss of US Dollar status of as the currency in which many other countries keep their reserves?
Calculate GDP (show your calculations in as much detail as possible!) using a. The value-added approach b. The final goods approach
Why does the public agree to amend the Constitution so frequently but consistently reject attempts to rewrite the document to fix its many flaws?
Problem: Are cryptocurrencies such as Bitcoin, Ethereun, Ripple, Litecoin, Monero, money?
Many people argue that inflation is A Bad Thing because it reduces the average consumer's purchasing power and makes it harder
How do changes to the federal funds rate affect the inflation rate? Explain the relationship using information from the textbook.
Why do you think that GDP does not grow at a steady rate, but rather speeds up and slows down? What caused the drop in 2020?
What are 3 current events that give you some indication of what phase of the business cycle our economy might currently be in
news articles that discuss where the economy is in the recession, unemployment rate changes, GDP/output changes, spending changes, inflation changes etc.
Problem: How the International Monetary System changed with the financial globalization in Egypt. Explain in essay format.
What was the labor force participation rate before and after the 4 million unemployed individuals became discouraged?
Give an example of a good that you believe the United States has a comparative advantage producing over Mexico. Explain your answer.
Problem: What does the term regulatory capture mean? What are some problems resulting from it?
Use the AS-AD model to demonstrate the impacts on the Canadian economy in terms of GDP, inflation and unemployment change.
Consider a Schumpeterian mode with an R&D sector and an increasing product quality: Why are such models called " Schumpeterian"? Discuss this critically.