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Q. Due to historical differences, countries often differ in how quickly a change in actual inflation is incorporated into a change in expected inflation. In a nation such as Japan that has had very little inflation in recent memory, it will take longer for a change in actual inflation rate to be reflected in a corresponding change in expected inflation rate. In contrast, in a nation such as Argentina, one that has recently had very high inflation, a change in actual inflation rate will immediately be reflected in a corresponding change in expected inflation rate. Illustrate what does this imply about short-run and long-run Phillips curves in se two types of countries? Illustrate what does this imply about effectiveness of monetary and fiscal policy to reduce unemployment rate?
Evaluate how average, total, and marginal costs change as the output of a good or service of your choice increases. Can economies of scale be maintained despite high start-up costs.
Conclude the supply function also inverse supply function for good X. Graph the inverse supply function.
In which directions are they pushing or pulling the U.S. economy. Also, do you think the gap between real GDP and potential GDP will widen or narrow.
In 1990, the Supreme Court of the United States found which Texaco had indeed violated antitrust law. Which law do you think Texaco was found guilty of violating.
Does the production technology exhibit increasing/decreasing/constant returns to scale.
Illustrate what will be the short run effect of government imposition of a lump sum tax per firm equal to 170? If this tax remains
Write down the consumer budget constraints when young also when old the consumer lifetime budget constraint the government budget constraint also the market clearing conditions.
Elucidate however, in checking with government economists, Hanna finds that every capita disposable income is expected to rise.
Explain how does the price elasticity of demand for corn oil influence the quantity-demanded of corn oil and the Total Revenue earned by sellers of corn oil.
Explain how a bill become a law in order.the bill goes back to the floor of the senate for consideration. the house committee, compairised of members from both houses of congress,works outany differences concerning the bill.
Would your answer change if BOC could issue SFr commercial paper supported by the revolving credit at 3.5%.
If the taxes are set so that each resident shares the cost evenly (a=b=c), how so many paths will get built.
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