Q1 illustrate what are the effects on the price level p

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Q1. Illustrate what are the effects on the price level, P, also the nominal interest rate, i, whenever a credible announcement that the money growth rate, u, will rise beginning one year in the future?

Q2. Assume a one-time decrease in population, possibly caused by an onset of disease or a sudden out-migration. Illustrate what happens to output, Y, also consumption, C? Illustrate what happens to investment, I? Illustrate what happens over time to the stock of capital, K?

Q3. Evaluate the influences of intellectual predictors of the following economic theorists: Adam Smith, David Ricardo, also Karl Marx.

Reference no: EM13355470

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