Start Discovering Solved Questions and Your Course Assignments
TextBooks Included
Active Tutors
Asked Questions
Answered Questions
What is the short-run equilibrium, real GDP and price level and does Japan have an inflationary gap or a recessionary gap? What fiscal policy can be used to correct this gap?
What happens to the money supply, interest rates, and the economy in general if the Federal Reserve is a net seller of government bonds?
All other factors held constant, what would be the effect on the demand for money (M1) of each of the following situations. Explain the rationale behind your responses.
Explain the following statement: "Changes in disposable income lead to movements along the consumption function while changes in wealth lead to a shift of the consumption function." Use examples to il
What do we mean when we say export are exogenous and import are endogeneos?
Suppose you are an executive director of the top management team of an American multinational.
Why are banks able to maintain reserves that are only a fraction of the demand and savings deposits of their customers? Is your money safe in a bank? Why or why not?
Assume that incomes of the consumers in this market increases. What would happen in this market? Explain your answer and reconstruct the graph developed in question one to show this change.
Tommy spends most of his monthly budget on $3 video game rentals or $6 packets of Pokemon cards. The opportunity cost to Tommy of an extra packet of Pokemon cards is:
What impact would a change that shifts an economy's production possibilities curve outward have on the long run aggregate supply curve? How have improvements in computer technology affected production
Considering an economy with a current trade deficit and considering only the direct effect on income, an expansionary monetary policy tends to
Suppose that consumer spending is expected to decrease in the near future. If output is at potential output, which of the following policies is most appropriate according to the AS/AD model
Supposed that the government responds to complaints about adecrease in real wages as a result of immigration by legislating aminimum real wage that is equal to the real wage in thepre-immigration eq
Your company is considering the purchase of new earth movingequipment. The total purchase is $240,000 and we pay with $100,000 cash and borrow therest. (12% per year nominal, compounded monthly for
Governments of country A and country B spend the same amounteach year. Spending on functions relating to dealing with marketexternalities and public goods accounts for 25 percent ofgovernment expend
only one tester may be bought and the press will not need overhauling if the line improvements are not made. what mutually exclusive project combinations are available if Angus Auto will invest in a
Suppose households believe that greater government borrowing today implies higher taxes to pay off the government debt in the future. What does this belief do to private saving and the supply of loa
Show how this tax affects the market for Roquefort cheese in the United States,shifting the appropriate curve and indicating a new equilibrium quantity and market price.
Critics felt that TISCO might face problems due to the decrease in demand for steel in the global and local markets and increasing competition from cheap imports, and anti-dumping duties imposed on
Agya is ready to think about how many pairs he can buy. Wait a minute, what happens if any of the ladies going to AUCC spotme at the BDBs? . I will buy any jeans from the Accra mall. Oops I am not qui
ensure that the benefits to those who gain from the decision are greater than the losses of those who are harmed by thedecision. which criterion would you select to use in determining the route of the
This would obviouslyr equire more pilots, stewardesses, and others that facilitate theair-travel experience. However, suppose at the same time that several of the major airlines experienced a shorta
AMS recently instituted an in-house recycling program. The benefits of this program include not only the benefits to the environment of recycling but also the goodwill generated by AMS's leadership
The socialist economy of Soviet Union can be looked at as one huge enterprise. Describe the main organizational task to run this or any enterprise. What are the similarities with and differences to
a. How will a successful campaign that decreases the supply of drugs influence the price of drugs and the amount spent on them. What is the most effective way of decreasing the quantity of drugs cons