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Economists who advocate the Keynesian theory of economics would say that prices and wages are sticky and decreases in AD will decrease employment. sticky and decreases in AD will decrease unemployment. flexible and decreases in AD will decrease employment. flexible and decreases in AD will decrease unemployment. flexible and increases in AD will increase unemployment.
Utlizing the aggregate demand and aggregate supply model, draw an economy in a boom.
Your richrelative died and left you $100,000, which you decided to use for your own Internet business and what will be your fixed and variable costs? Briefly discuss.
The classic prisoner's dilemma involves two suspects, A and B, who are arrested by the police. Because the police have insufficient evidence for conviction on a key charge, they place the prisoners in isolation and offer each.
According to Colander, the perfect definition of economics. The three central coordination problems any economic system must solve.
Suppose as well, that all voters favoring liberal candidates will vote, while only 50% of those favoring conservative candidates will vote. Create a graph to show how the political equilibrium will differ from an election in which all citizens vot..
Explain when assessing the effects of the budget surplus, list the assumptions you are making.
How much can Wells Fargo lend to developer who will repay the loan by selling first 6 view lots out of 13 lots at $190,000 each 2 year from now? Assume the bank will lend at a nominal 14% per year, compounded semiannually.
1. nbsp nbsp briefly define the following termsa.nbspnbspnbsp output gapb.nbspnbspnbsp federal funds ratec.nbspnbspnbsp
Purchasing Power Parity Theorem (PPPT). The inflation rate in the United States is projected at 3 percent per year. The New Zealand rate is projected to be 5 percent.
What is the net present value of this proposed project? If efficiency was the only objective for making the decision and we have fully accounted for all costs and benefits would you recommend the project go ahead or not?
the federal reserve buys bonds in the open market an open market purchase. what are the affects on monetary base the
Quantity of pizzas demanded soared he following week from 1 pie an hour to 100 pies an hour. Illustrate what was the price elasticity of demand for Domino's pizza.
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