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1. List and explain the factors that cause an increase in demand (i.e., shift the demand curve to the right). If price is or is not one of these factors, explain why?
2. List and explain the factors that cause an increase in supply ( i.e., shift the supply curve to the right). If proves is or is not one of these factors, Explain why
What is the present value of the following series of prospective payments?
If the farmer rented her land from a landowner, would she have the same incentives to control soil erosion. Illustrate would the landowner have an incentive to control erosion.
Distinguish between ongoing demand pull and ongoing cost push inflation. Carefully draw them. Why might it be difficult to establish the extent to which a given rate of inflation is either demand pull or cost push?
Discuss this week's objectives with your team. Include the topics you feel comfortable with, any topics you struggled with, and how the topics relate to your field.
The use of money as a medium of exchange represents the mostimportant service that money renders. The money supply known as M1 includes all assets that are good storesof value. The Fed's reserve requirement ratio can reduce the monetary base. The Fed..
How does monetary policy affect the US production and employment? How has the US current economic situation affected you and your family.
The demand curve for rutabagas is a straight line with slope 23 and the supply curve is a straight line with slope 2. Suppose that a new tax of $3 per sack of rutabagas is introduced.
In the US, realized capital gains are taxed at 15% if they are held for more than a year. Suppose instead that we include realized capital gains (those held for more than a year and less than a year) in income instead so that they are added to an ind..
If the bond matures in five years and Jerry can buy one now for £3500, elucidate what is his IRR for this investment.
Costs imposed on future users of a resource are called ... 1) Transactions costs 2) Social costs 3) Private costs 4) Depletion costs 5) User costs
One feature of a financial crisis is that there is a high demand for safe assets and a low demand for risky assets.
Explain short-run and long-run effects on the US GDP and the price level for the following events. Assume that policymakers take no action.
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