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1 consider an open economy with flexible exchange rates suppose output is at the natural level but there is a trade
the clinton deficit reduction packagein 1992 the us deficit was 290 billion during the presi- dential campaign the
perfectly competitive constant-cost industry has a market demand curve p 50 - 17q each firm has a u-shaped long-run
international trade questionsworld trade - discuss the effects of nafta on the united states canada and mexico is the
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retrieve the nominal exchange rates between japan and the united states from the federal reserve bank of st louis fred
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consider a world with three equal-sized economies a b and c and three goods clothes cars and computers assume that
a new federal reserve chairmansuppose in a hypothetical economy that the chairman of the fed unexpectedly announces
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approximating the price of long-term bondsthe present value of an infinite stream of dollar payments of z that starts
regular iras versus roth irasyou want to save 2000 today for retirement in 40 years you have to choose between the two
nominal and real interest rates around the worlda can the nominal interest rate ever be negative explainb can the
the churnthe bureau of labor statistics presents a forecast of occu- pations with the largest job decline and the
technology and the labor marketwe learned how the wage- setting and price-setting equations could be expressed in terms
productivity and the aggregate supply curve consider an economy in which production is given by y anassume that price
1 discuss the following statement higher labor productivity allows firms to produce more goods with the same number of
suppose an economy is characterized by the equations belowprice setting p 11 m21wgt a2wage setting w ae pe11 - u2a
suppose that the economys production function is y 2k 2an that the saving rate s is equal to 16 and that the rate of
1 measurement error inflation and productivity growth suppose that there are only two goods produced in an economy
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1 discuss how the level of output per person in the long run would likely be affected by each of the following changesa
using the information in this chapter label each of the following statements true false or uncertain explain brieflya