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The classical economists held that the rate of interest would equate planned investment and planned saving, so that all saving would eventually be invested.TrueFalse
The value of the marginal propensity to consumea. can exceed 1b.is always between 0 and 1c. can be less than 0d. is always greater than 1
The aggregate demand curve is the sum of individual demand curves in the economy.TrueFalse
Constant-dollar GDP and real GDP are the same thing.TrueFalse
In national income accounting, grain fed to a hog at a commercial hog farm is considered a(n)a. final goodb. intermediate goodc. consumer goodd. capital consumption allowance
The Baby Boomer generation is aging and will require more health care support over the next some years. Tens of thousands of nurses and primary care physicians will be required to meet this demand.
Address whether any of these are a factor when looking at the future exchange rate among the United States and Egypt.
Explain how would you view the merger if the streaming video services patent was declared invalid and many firms entered with streaming their own video services.
If Deltas managers needs to follow a constant payout ratio dividend policy
In an article about the financial problems of USA Today, Newsweek, reported that the paper was losing about $20 million a year.
Over the past recent months it has been selling its widgets for $100 each and unit sales have averaged 5,000 units per month.
What is the profit maximizing output level for the typical firm? (Hint: Calculate MC for each change in output, then find the equilibrium price, and calculate MR for each change in output)
Which of these methods of encouraging growth would you suggest to a newly industrialized economy,
Suppose this industry is perfectly competitive and is presently in long-run equilibrium. Suppose people start to prefer dogs as pets and cat ownership declines.
If the required reserve ratio is 10 percent, banks keep 2 percent excess reserves, and the public keeps a 10% cash to deposit ratio, determine the money multiplier?
Write a brief for the Central Banker of Ireland, outlining your recommendation on the interest rate that should be set at the next policy meeting.
Draw a graph showing how output evolves over time, and explain what happens to the level and growth rate of per capita income and explain what happens to the economy over time and in the long run.
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