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suppose that the market price of new housing is 100000 in las vegas and local government officials modify regulations
the phillips curve illustrates the relationship between1- tax rates and tax revenues2- inflation and unemployment3-
the proponents of rational expectations believe that1 there will be a substantial time lag before people anticipate the
the rational expectations theory indicates that expansionary policy will1 stimulate real output in the long run however
the substitution bias in the customer price index refers to the1 substitution by consumers toward new goods and away
presume that banks desire to hold no excess reserves the reserve requirement is 5 nbspand a bank receives a new deposit
presume the us governmentrsquos tax policies on employer health coverage were to be changed in particular presume
1 what would be true of entitlement spending if the percentage of taxes allocated to discretionary spending rose to 100
according to the monetarists which of the following is true1- instability in the money supply is the primary cause of
which of the following would cause the money supply in the united states to decrease1- a decrease in the discount
when the fed sells government securities it1- increases the amount of excess reserves that banks hold discouraging them
the benefits of decentralization denoted b 3d and the costs of decentralization denoted c 2d 2d2 what is the optimal
1 an increase in the wage will have a relatively small effect on the quantity of labour demanded whena labour costs are
1 economics is best defined as the study ofa financial decision-makingb choices made by people faced with scarcityc how
what method formula for computing price elasticity of demand gives you two dissimilar calculations when computing a
1 why is comparative advantage significant in international trade2 identify the exchange rate that equalizes the prices
how would you characterize your demand for health insurance -- elastic or inelastic does the price elasticity of health
suppose an economy is experiencing a recessionary gapexplain the state of the economy focus on employmentunemployment
due to the size of the current budget deficit in the united states congress should make decisions on reducing
1 why is comparative advantage important in international trade2 briefly describe what is meant by the term externality
when reserve requirements are increased the1 us treasury will have to borrow additional funds2 money supply will rise3
using the ad-as model if consumers and business become more optimistic about the future direction of the economy and
many automotive dealerships such as bmw sell low mileage late model used cars with warranties on defects and repairs
which of the following is not a variable in the index of leading indicators1- new businesses2- employment claims3-
the sum of payments made to resource owners for the use of their resources is1- net domestic product2- gross domestic