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Articulate the functions of money and the connection between growth in the money supply and inflation. Discuss the implications of government trade policies as they relate to the growth of the economy. What macroeconomic concepts are used in the theory of open economies?
when does a recession begin and when does it end?the dating of a business cycle is done by the business cycle dating
If you travel around the world, you will see tremendous variation inliving standards of the people. The world's poor countrieshave average levels of income per person, that are less thanone-tenth the average levels in the world's rich countries
If the person who decides how voting is to be done can significantly influence the outcome, which of the following must be true of the voting system.
How does the liquidity premium theory of the term structure of interest rates differ from the unbiased expectations theory? In a normal economic environment
Matt and Johnny both purchase pop and chips at the same convenience store. They have different tastes for pop and chips, so Matt buys 3 cans of pop and 10 bags of chips whereas Johnny buys 15 cans of pop and 2 bags of chips.
Derive a condition that would ensure that the government debt is guaranteed to be sustainable because the debt to GDP ratio eventually declines to zero
Consider a competitive market for which the quantities demanded and supplied (millions per year) at various prices are given as follows:
Should the Fed be independent or would we be better off with a central bank under the control of the president or Congress.
What is the monopolist’s profit maximizing level of output?
Prove that the OLS estimator b2 is an unbiased estimator of the true model parameter 2, given certain assumptions. Make sure to be clear what assumptions these are, and where in your proof they are important
qd500-5p and qs2p-60what are the equilibrium quantity and price?how much consumer surplus exists in this market?if a 2
Discuss and explain the relationship between Japan and Korea's unemployment? What Trends do you see in the information set?
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