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A: what are four common phases of business cycle?
B: explain the causes of recent recession and when it started and when it technically ended. Finally why the recent recession was called the worst recession after the great depression.
Assume the basis for the trends in consumption patterns as discussed in the article. Discuss what has occurred to change the demand for, or the supply.
A scientist wants to determine the half-life of a certain radioactive substance-Based on the data, what is the half-life?
What level of aggregate output does the consumption curve cross the 45 degree line and derive the savings and consumption functions, and draw a graph showing these functions.
What factors led to the mortgage default crisis How did mortgage defaults affect banks involved in mortgage lending and mortgage investing Securitization TARP What do these mean How did mortgage-backed securities spread losses during the mortgage ..
Assume a market is controlled by a three firm oligopoly where the market demand curve is given by p = 75 - 3Q and marginal cost is equal to 5. How much does each firm produce and at what price if they form a profit maximizing cartel where each fir..
Illustrate what factors have contributed to increased income inequality an economy along with an equitable income distribution may be efficient as well.
Explain Comparative Advantage, specialization, and trade support by example. Illustrate the invisible hand theorem supported by example.
What is the current total investment? b) What is the current unintended investment? c) Is this an equilibrium outcome? d) What do the Keynesians say will happen to real GDP?
Suppose this industry is perfectly competitive and is presently in long-run equilibrium. Suppose people start to prefer dogs as pets and cat ownership declines.
The more the competition among the sellers, the less the producer surplus enjoyed by the producers do you agree with the statement.
a) Explain what happens to observed prices in posted offer and double auction markets when there at least two sellers. b) Explain what happens in these two markets as the number of sellers drops to only one seller.c) explain how part b) illustrates t..
The World Bank is presently advising newly industrialized nations on how to encourage growth and they have asked for your help.
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