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Question 1. Which is more likely to return the European economy to long term growth, austerity (reducing public debt) or deficit finance (increasing public debt)? Use economic models to analyse this question.
Question 2. Explain what economists means by the concept of "market failure". Briefly the different ways in which markets can fail. Is price volatility an example of market failure?
Project the effect of national economic conditions regarding trade and specialization business decisions.
Discuss the role of the Federal Open Market Committee in conducting monetary policy.
Elucidate why a decrease in aggregate demand results in a lower level of employment, given a fixed aggregate supply.
fall in demand, high unemployment etc but how can I understand the similarities (or differences) more deeply? Can you help explain.
Suppose that the car manufacturer allows the car dealer to return all unsold cars at the end of a recessionary year. What is the car dealer's profit in a growth year and in a recession? What is their expected profit?
A paper detailing explain why the US dollar might be replaced as the nation's reserve currency by the Euro or the IMF's Special Drawing Rights.
Illustrate what yield curve shape is depicted if intermediate term tresury securities yield
Assume there are only two automobile companies, Ford and Chevrolet. Ford believes that Chevrolet will match any value it sets, but Chevrolet too is interested in maximizing profit.
Depends on your discussion, what is the most critical element(determinant) when considering the determinants of supply. In other words, what determinant has the greatest influence on the economy.
Illustrate what is the elasticity of demand for the product that is produced by the company.
What would happen to the amount of economic investment made today if firms expected the future returns to such investment to be very low ?
As sitting in your office one evening, you begin to think about some of the key microeconomic messages you need to communicate to the Board.
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