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1. Consider the forces that led to the Great Depression. In the very short run, the effect of these forces would be _________ in the price level and _________ in real output.
A - decrease, no change
B - none of the listed options
C - decrease, decrease
D -no change, decrease
E - increase, decrease
2. Consider again the Great Depression. The long run effect of the forces cited above would be _________ in the price level and _________ in real output.
A - no change, decrease
C - increase, decrease
D- decrease, decrease
E - decrease, no change
In jury selection, one cannot exclude potential jurors on the basis of race or other discriminatory criteria. One question is if this prohibition against discrimination should extend to potential jurors that have physical or mental disabilities. How ..
The goal of this Estate Planning Case Study is to make adjustments to an existing estate plan to eliminate the potential estate tax liability.
Which of the following is not one of the long-run consequences of large sustained budget deficits?
Draw and explain the continuum of precariousness that we developed in class. Explain why this diagram may only apply to certain people. What would the continuum look like for a different group of people? Part-time employment may correspond to life- s..
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q1. a concrete operational thinker and a formal operational thinker are giving the following logical statements 1.if
Imagine you come back to your economics class in the year 2050. How will the textbook describe money and banking? Based on trends you see today, make a prediction for the future of money. Explain why you think this trend will occur and how it will af..
Illustrate what role did the policies of various governments play in influencing the international expansion strategies of both McDonalds's also Wal-Mart.
Use the Fred database at the federal reserve bank of st. louis to study recent trends in the money supply. Select the data series for demand deposits at commercial banks, either seasonally adjusted or not. View the chart and identify what patterns or..
Suppose you start telling your friend about the Price and Wolfers finding that NBA referees appear to be racially discriminatory. Your friend looks at their data, and (correctly) finds that white referees call fewer fouls per 48 minutes on black play..
Other things equal, what effects would each of the following have on aggregate demand or aggregate supply? In each case use a diagram to show the expected effects on the equilibrium price level and the level of real output.
A city needs to choose area rubbish disposal areas. Area A: A gravel pit has a capacity of 16 million cubic meter. Owing to the possibility of high groundwater the Regional Water Pollution Control Board has restricted the lower 2 million cubic meters..
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