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Use a dynamic aggregate demand and aggregate supply graph to illustrate the change in macroeconomic equilibrium from 2017 to 2018, assuming that the economy experiences deflation during 2018. In order for deflation to take place in 2018, does the economy also have to be experiencing a recession? Briefly explain.
You hear the argument that a reduction in the deficit will increase consumer and business confidence and thus reduce the decline in output that would otherwise occur with deficit reduction. Is this argument valid?
Consider an infinitely repeated game based on the Bertrand stage game when both firms have the discount factor o 1. What trigger strategy, based on punishment levels p c, will generate the outcome in part 2? For what values of o do these trigger ..
2. Jim is a janitor working for a cleaning company which receives $500 from each company that hires them for keeping the company's employee restrooms clean for a period of one month. Jim is paid $2 for each bathroom he cleans and pays for his own sup..
Why did the prices of the other items change? What is the probable impact of the change of other items in the CPI basket?
What is the underlying market structure of the business?
Suppose on the basis of a you decide to estimate the above regression model. Obtain the estimates of the parameters, their standard errors, r2, RSS, and ESS
Find an example of price discrimination and report at least two prices for the same product that demonstrate this price discrimination. Describe the different markets, indicating how they are able to be separated. Is the distinction of one market fro..
Assuming that we plot movies on the horizontal axis and popcorn on the vertical axis, what is the slope of the indifference curve at the optimal bundle?
an effective persuasive essay involves developing an outline planning topic sentences and identifying supporting
Describe the conclusions of your analysis assuming the same tax is present in both the clothing and the food markets. Further assume that the tax revenue is returned in equal lump-sum transfers to all citizens.
Synthesize the primary ways in which consumer and provider incentives work together to achieve cost reduction under the Affordable Care Act (ACA). Provide at least one (1) example of such synthesis to support your response.
When an economist says that a currency has become stronger, he or she means that it will buy less of foreign goods. it can be exchanged for more of a foreign currency.
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