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The strategies it has adopted to enhance its competitive position (on both domestic and foreign markets). Explain to what extent the strategies were successful.
Deduce long-run equilibrium for dynamic AD-AS model. Suppose there are no shocks to demand or supply (t = vt = 0) and in ation has stabilized (t = t1).
Use the given Taylor rule to compute what would happen to real interest rate if inflation increased by 3 percentage points.
It has $1.65 billion in loans and securities, and required reserve ratio is 15 percent. Does institution hold any excess reserves? If so, how much?
Would such policy make some Americans better off without making any other Americans worse off? Describe who, and why.
If product price is $185 at its optimal output, will firm realize an economic profit, break even, or incur the economic loss?
Write down cost-minimisation condition for two firms. Write down the equations for (long-run) expansion paths? Comment.
Describe a decision which you have made at work or concerning your career. Recognize and describe the tradeoffs you faced.
Find Michelle's opportunity cost of producing potatoes? How would you extend above narrative to businesses, society as a whole or nations? Describe.
Write down the two firms' output and profit? Suppose for simplicity that if if KK's and MM's prices are equal, consumers 'flip a coin' to decide which to buy.
In your opinion must our government impose price floors and/or price ceilings in economy? Do they do more harm than good?
Now suppose that government imposes price ceiling of $100 in this market, as result of protests of price gauging by the sellers. What would happen to price and quantity in this market?
Calculate price elasticity of demand for paint and illustrate calculations. Decide whether demand for paint is elastic, unitary elastic, or inelastic.
Write the difference between supply-side and demand-side economics? How do the concepts fit into the definitions?
If consumption and government purchases go up, what occurs to GDP in long run? Why? How would this look in a graph?
Explain John Maynard Keynes' contribution to theories of Macroeconomics. Why was he such important economist?
Explain ethics of using unconscious nudges to alter people's behavior. Within the answer, consider argument made by economists Richard Thaler.
The drug are presented in accompanying table. Should DAS continue with its plan to bring drug to market, or should it abandon project? Describe.
Explain which principles of economics directly associate to the purchasing decision. Compare marginal benefits and marginal costs related with purchasing decision.
Recognize its growth in output per capita and in population growth. Has it benefitted from trade agreements? If so, how? If not, should it?
Find the production possibility frontiers for Brazil and the United States? Find marginal transformation rate for each country?
Applying the principles of Keynesian model, what specific economic policies would you suggest to achieve the goals?
Explain exactly how change in federal funds rate can trigger all the reactions. Use at least 4 graphs. Do you think we are in liquidity trap today?
Write the differences between market structures and recognize group of competitive strategies consistent with market structure that best aligns.
Calculate the GDP of Tanzania using the given hypothetical information (all amounts are in trillions of dollars): Consumption spending $150 Gross investment $55.