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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.
Describe the creation of money from excess reserves and multiple deposit expansion in banking system. How does the multiplier affect the supply of money?
What was the relationship between cotton and the slave economy in the antebellum American South? was cotton expansion necessary for the continuation of slavery? Was slavery necessary for the growth of the cotton industry? Explain carefully.
U.S. Treasury securities are auctioned in competitive bidding under rules that are very similar to a Vickrey auction. What is the advantage to the U.S. Treasury of using this type of auction?
Elizabeth has $35,000 in an investment account, but she wants account to increase to $100,000 in ten years without making any additional contributions to the account.
Determination of interest rate in classical model
Enron executives were charged with numerous counts of corporate fraud and corruption. Among the charges was "insider trading", which involves the trading of a corporation's stock by insiders who may have access to information that the public does ..
How does the textbook model of fiscal policy compare to real life application of fiscal policy in the present? Specifically, why is the textbook model limited? What does it ignore? Be specific.
Prepare a chart that lists three strengths and three weaknesses of the Consumer Price Index calculation.
Compute and contrast at least two two-year forcasts from separate sources for two economic indicator.
If preset prices turn out to be below the equilibrium prices, shortages occur and scalping in legal or illegal secondary markets arises. The prices in the secondary market then rise above the preset prices.
Describe whether each of the following would cause a shift of the aggregate demand curve, the aggregate supply curve, neither, or both.
Elucidate a monopoly which formed naturally or through vertical or horizontal mergers.
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