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1. Distinguish between fiscal and monetary policy.
2. What type of fiscal and monetary policy could be used to stimulate the economy in a recession?
3. What is the relationship between public sector borrowing, taxation and government revenue?
4. What is the economic outlook for:
“The more oil the US imports, the higher the price of oil will be in the next world oil shortage or crisis.” “The growing exports of off-season fruit from Chile, which now accounts for 80% of the US supply of such produce as winter grapes, are contri..
You are the manager of a monopolistically competitive firm. Your demand function is: p=25-Q, and your cost function is : TC=5Q. Respectively MR=25-2Q and MC=5. Determine the firm price, output and profits. Explain. What will happen in the market in t..
What distinguishes the short run from the long run?
in neoclassical growth models the sources of growth is exogenous usually technology. such theoretical models hence are
Why do you think your policy would work in reducing the total amount of emissions -
Show the effects of a price ceiling and a price floor on a market. As for what happens with valuing is different than equilibrium, a rate Floor is Minimum wage where wage rate is bigger than the rate at equilibrium.
suppose that market demand is described by p 100 - q q where p is the market price q is the output of the incumbent
Explain how "market based policies" might be used to solve the problems of externalities, Be sure to define all terms and identify the origins of any theories you use - Reconstruct what happened from 2006 through 2012 as it relates to microeconomic..
What combination of capital and labour should it use to produce and what would be the cost of production
How did the creation of the United States and the formation of a new political system impact Native Americans and how did United States Indian policy differ from their colonial predecessors?
Determining the buying power of an economy can be accomplished through the use of the ___________.
last year at abc company 300 people had colds during the year235 people who did no exercising had colds while the
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