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Suppose that the economy is such that a positive monetary shock reduces unemployment. Assume that the central bank likes a reduction in unemployment but dislikes an increase in in?ation. The public forecasts money growth from the government's optimization problem. How are money growth and in?ation determined in this context? If you so wish, you can answer this by specifying a model. What would be the implications of a commitment - i.e. a rule - binding the central bank to a future rate of money growth? Should it do so?
Use Demand and Supply tools to analyze the case of the Egyptian labor market
What would happen in market and If a price ceiling were established at $3, what would happen in this market?
You are required to identify an entrepreneurial opportunity, conceptualize the business concept/model and describe the feasibility of the new venture proposal for a presentation to a group of potential investors
The effect on aggregate demand GDP and employment
suppose you are a regulator in charge of allocating water between residential and agricultural users farmers in
Suppose country A is large enough to affect the world price of motorbike and therefore it faces an upward-sloping supply curve from the rest of world (ROW). The supply curve of the ROW is shown as follows:
What is a Nash equilibrium? Give a definition in words and Find all Nash equilibria in the game.
According to studies undertaken by the US Department of Agriculture, the price elasticity of demand for cigarettes is between - 0.3 and - 0.4 and the income elasticity is about + 0.5.
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How did the gold-exchange standard differ from the gold standard? How did the adjustable gold peg (Bretton Woods) system differ from the gold-exchange standard?
frederic bastiat 1801 - 1850 was a french political economist famous for exploding popular economic misconceptions
Draw the pre-intervention optimized supply and demand equilibrium. Explain and show what effect it has on the polis.
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