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Use the IS-LM model to determine the effects of each of the following on the general equilibrium values of the real wage, employment, output, real interest rate, consumption, investment, and price level.
a) A reduction in the effective tax rate on capital increases desired investment.
b) The expected rate of inflation rises
write a three to four 3-4 page paper in which you1.discuss the current economic situation in the u.s. as compared to
Calculate the two error measures that you used in other model analysis and comment on the acceptability of the size of the measure.
Explain the median housing price in a community
for the production schedule of a perfectly competitive firm given below answer the following units of labor total
Discuss the concepts of price transparency and information asymmetry and they apply to the diamond industry as a result of the entry of BlueNile. Name another industry where the Internet has had a similar impact.
charles calomiris an economist at columbia university said the following about the initiatives of the treasury and the
you are the manager of a firm that receives revenues of 50000 per year from product x and 90000 per year from product
Characterize this as an example of a positive or a negative externality and the efficient level of a negative externality is always a positive amount.
When an excise tax is imposed on a commodity in order to raise revenue for the government or in in order to raise the consumption of the good, then why are these goals in conflict with each other?
explain the decision-making process when mr is greater than mc and when mc is greater than mr. why does a manager want
Select any four of the six summary statements and explain in detail the significance and possible causes of each item. Be sure to use the economic concepts and polices discussed in your textbook where applicable. Identify possible economic policie..
How would a decrease in the reserve requirement effect the (a) size of the money multiplier (b) amount of excess reserves in the banking system and (c) extent to which the system could expand the money supply through the creations of checkable dep..
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