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1) Describe and demonstrate graphically how each of the following changes would affect the shape of the AD curve;1) Taxes are reduced2) Nominal money supply increases3) The Government uses an expansionary fiscal policy4) Entrepreneurs become more bullish5) Foreigners develop a strong preference for domestically produced goods6) Autonomous component of Consumption increases.
2) Describe and demonstrate graphically how each of the following changes would affect the shape of the AS curve:1) Taxes on profit are reduced2) Competition is enhanced by introducing some anti-trust laws3) Trade unions are less powerful4) Workers are better trained and more flexible.5) An oil shock hits the system6) Capital become more productive
3) Think a country A with a population of 220 people; 200 are working age and 180 are in the labour force. Thirty people are without a job and 30 have a part time job. By using ILO definitions, compute the following:1) The unemployment rate in country A2) The employment ratio in country A3) The participation rate in country A
Illustrate what are other significant impacts of globalization on the U.S. economy. World economy.
Illustrate what do you think would be the effect of increases/decreases in the dollar's exchange value on the firm's profitability.
Assume both the spot rates unexpectedly shift downward by 1%. What is the price of a forward contract otherwise identical to yours.
Customer demand for gasoline changes when the price of gasoline falls.
Should a country's income be distributed to its members according to their contributions to the members' requires? Should society attempt to equalize income/economic opportunities?
This document shows evaluation of alternative approaches to analysing the effectiveness of public policy and Assess the impact of government policies on selected areas.
Assuming a linear demand relationship determine the demand equation for cigarettes. Show all your calculations. Determine the nature of the Return to Scale as exhibited by the above production function.
Explain what does the transaction of a buyer and seller directly affect a third party. Is the effect a negative or positive externality.
Williams and Westrich stock is currently selling for $15.25 per share, and the dividend is expected to continue.
Please elucidate the likely effects on Savings (Gross Private Domestic) Investment, Long Term Real Interest Rates, The Capital Stock, Natural RGDP.
Find out an article on decreased consumer spending, list the name of the article and provide the link to it.
Consumption of apples drops from 30 pounds of apples a month to 21 pounds of apples.
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