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individuals firms governments and countries are faced with choices because all resources are scarce a production possibility curve see below measures
the great recessionexplain what caused the financial crisis of 2007-2009explain how in the economy could be self-regulating in the long-run and
suppose that at time t-1 inflation is zero and there were no shocks in the economy at time t there is a positive supply shock that lasts for only two
1 to increase tax revenue the us government imposed a 2-cent tax on checks written on bank account depositsa how do you think the check tax affected
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1 consider the following discrete probability distribution function for the variable xx1012141618fx02705203a is this a proper probability mass
by early 2008 most economists believed we were heading towards recession congress and the president passed an economic stimulus package expansionary
1 the basic keynesian model of income determination - so called circular flow - posits current income as the sole determination of the components of
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create an original response to the open-ended db question as well as engage in dialogue by responding to posts created by others throughout the
true false questions 1 consumption is positively related to stock market wealth but negatively related to taxes and tax rates2 if aggregate
part 1 ae problemsuppose the initial conditions of the economy are characterized by the following equations in black font we then shock the economy
question detailidentify two countries of your choice one that has recently experienced relatively strong and robust economic growth and one that has
1 the supply curve s1 and the demand curve d indicate initial conditions in the market for gasoline a 60-per-gallon excise tax on gasoline is levied
you manage gofer delivery service you rent a truck for 10 per day and each delivery takes an hour of labor time the hourly wage is 8a use the line
costs the cost function of a firm is tc 18 05q2 and the corresponding marginal cost function is mc q a obtain the average variable cost function
the area of agricultural land available in a country is fixed due to geographical characteristics of the country and land-use planning programs in a
question 1under which circumstances is it best for a speculator seeking a capital gain to purchase bondsthe domestic inflation rate doublesthe
policymaking is much easier when the state of the economy is easly observable than when there is uncertainty about how the economy is doing as this
1 assume the federal reserve board is undertaking anexpansionarymonetary policy explain the details of how the expansionary fed impacts each of the
the fed and the money supplyinstructions please show all work or points will be taken off good luck1 in this problem we are going to calculate the
suppose in a closed economy government spending is 60 business investments are 120 and consumers spending is given as c 120 085y what is the
if markets do not self-adjust how can a decline in spending lead to a negative process that ruins an economy how are they related to the keynesian
in july 1994 a french newspaper le quotidien suspended the publication in order to promote their income in the face of increasing competition and the
suppose that the feds inflation target is 2 percent potential outlook growth is 35 percent and velocity is a function of how much interest rate