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using a graph of the classical labour market illustrate the effects of a real wage existing in the market that is lower than the equilibruim real
assume the cost of a market basket in 2008 is 17170 calculate the cost of the same basket of goods and services in 2007 price index in 2008 was
use a diagram of the open economy model eg fig 324 from the text to illustrate and explain the effect of the following event on the market for
clearly explain how net foreign investment links the market for loanable funds and the market for foreign currency exchange make sure you define net
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question 1 consider a two-period two-person pure exchange economy utility functions and endowments are given as follows u1x0 x1 x0x12 and
macroeconomics question 1 and 2 relate to content and skills covered --- open-market macroeconomics basic concepts international trade
a friend says that the economy will produce inside the ppf curve like pt e below since we in the economy value saving or for some other reason
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what does a weaker dollar to a raise inflation and contract the economy b reduce inflation and contract the economy c raise inflation and expand the
examine the graph below the mayor has placed a 2 tax on the sale of each taco sold within the city how large is the decrease in producer surplus
in a large open economy if the economy has a fiscal expansion what would happen in the solow
you and your neighbor n consume without trading suppose you are initially consuming 7 bananas and 3 coconuts and your neighbor is initially consuming
comparative if person can make 15 wristbands and hour and 3 potholders what is the comparative advantage if same person works 20 hours a week graph
questionq8 in 1961 germany faced the dilemma of an external surplus and a booming economy as a result speculative capital flowed into germany and the
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what is supply-side economics market freedommarkets must be allowed to work more freely and steps taken to improve this efficiency by freeing them
reaganomicssupply-side economics or new classical economics has gained distinct prominence in the early 1980s with the election in the usa of a
limitations of the theory of rational expectationscritics of this theory note that if policy makers have more information about the economy or their