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Compare and contrast the different stages of the business cycle and how inflation and unemployment vary via these different stages. Then discuss the appropriate fiscal and monetary policies to address inflation and unemployment.
Assume that there are 2-states that do not trade, Iowa and Nebraska. Each state manufacture the similar two goods: corn and wheat.
Describe a real or hypothetical situation that requires someone to make a policy decision. Then, select one of the three approaches to forecasting to apply: extrapolative, theoretical, or judgmental. Provide at least two reasons for your selectio..
Is China still using central bank foreign exchange policy to maintain the value of the yuan? What is the current policy of the United States on this issue - If the U.S. economy is operating near full employment and the exchange rate increases, exp..
An economy is in long-run macroeconomic equilibrium with an unemployment rate of 5% when the government passes a law requiring the central bank to use monetary policy to lower the unemployment rate to 3% and keep it there.
Illustrate and explain the interaction of households, businesses, government and global markets in the circular flow of economic activity.
The flat-screen plasma TVs are selling extremely well. The originators of this technology are earning higher profits. What theory of profit best reflects the performance of the plasma screen makers Answer risk-bearing theory of profit dynamic equi..
Add get and set methods for the first and second elements of the pair. Override the toString() method to display the first and second values of the pair in a format of your choosing.
Compare the impact of a tax cut under two versions of the IS-LM model: the version under which the central bank maintains an interest-rate target, and the version under which the central bank maintains a monetary target.
Suppose that workers and firms could always predict next year\'s price level with perfect accuracy.
While sitting in your office one evening, you begin to think about some of the key microeconomic messages you want to communicate to the Board.Pick two key concepts and discuss.
The monopoly sells two units of goods over two periods. The costs are zero. Consumer A has a valuation of 15 and Consumer B has a valuation of 10. Suppose the discount rate is ?=.8. If we allow Consumer B to have a valuation of k
Elucidate what the article is about in general which is followed by a paragraph or two explaining how elasticity is implied.
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