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In friedman's interpretation of the philips curve, an expansionary monetary:
1.increase both inflation and nominal output in the short run and long
2. decrease real interest rates in the short run but not in the long run
3.lower the natural rate of unemployment in the short run but not in the long run
4.increase real output in the long run
5. none of the above
When is international job an opportunity for workers. When is it a threat to workers. What are some of the major challenges confronting the international trading system.
in the system of approval voting each voter may vote for as many candidates as she wishes. if there are three
What is Nash Equilibrium output for his supposing that the two firms choose their production quantities simultaneously?
Suppose that your business or organization has obtained a reliable growth forecast of the U.S. and local economies for calendar year 2013. Nature of my Business: I run an Automotive Paint Store that sells paint to the Independent Body Shops.
Compare the unemployment rate in your state to the national average of the past four years. Compare the trends in relation to the types of unemployed workers in your state. Provide support for your response.
What is the distinction between net investment and gross investment? Which is the total amount spent on investment in a given year? Which is the change in the capital stock?
Suppose that the natural rate of unemployment in a particular year is 5 percent and the actual rate of unemployment is 9 percent. Use Okun's law to determine the size of the GDP gap in percentage-point terms. If the potential GDP is $500 billion i..
difference between what a consumer is willing to pay for a good or service
The kinked-demand schedule that an oligopolist believes confronts the firm is given in the table below. Compute the oligopolist's total revenue at each of the nine prices
Discuss and explain the components of GDP in the output approach and in income approach, NDP, NI, PI, and DI.
What are the equilibrium real wage rate, the quantity of labour employed in 2010, labour productivity and potential GDP in 2010?
what level of output should be produced in each market and what price will prevail in each market? What are total profits in this situation? How would your answer change it it only cost demanders $5 to mail books between the two markets? What would..
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