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Simply select a credible media source, pick an article referencing a topic that relates to a macroeconomic issue, (i.e., unemployment, inflation, world trade, banking, money supply,etc) and write a report on how the information in the article relates to the issue(s) and especially to the formula GDP = AD = C + I + G + nE and how the issue (s) increases or decreases AD.
Menu costs arise from the way inflation: Unit-of-account costs arise from the way inflation makes... Shoe-leather costs arise from the way inflation..
Your firm manages money for a professional tennis player Maria Juarez. She has asked you to give her information about what determines the level of various interest rate. What is the pure expectations theory? What does the pure expectation theory imp..
Think of a goods and services market for coffee. A wild fire destroys half of the coffee bean crop. Which curve is affected and in what direction? What will happen to equilibrium, price and quantity in that market? Think of a financial capital market..
Discuss major fundamental shortcoming of theories of cost determination in england prior to roughly 1870, why failure.
Reed can work up to 5000 hours per year at $8 per hour. He does not have any non-labor income. Draw his budget constraint for leisure (L) and consumption (C). Suppose that Reed was working 3000 hours per year before the intervention. What do you thin..
If 188 countries of the world issue their own currencies, and all of these currencies are traded in free open foreign exchange markets, how many exchange rates are there in total? How many so-called fundamental exchange rates are there, where the ter..
An engineering student will graduate this year with a BS degree at the age of 26. He expects to make $ 60,000/ year for the rest of his career. Enroll in a master’s degree program and pay full tuition at $ 40,000 and graduate in one year. Make a deci..
(Figure: Corn and Watches in the United States and Canada) Referring to the graphs, we see that _____ has the comparative advantage for corn and _____ has the comparative advantage for watches.
At arraignment, Slick Martin is first becoming aware of the fact that the grand jury has indicted him for robbery. The charges are read to him. Next, the judge considers counsel for Martin. What are the judges choices on providing Martin counsel?
The short-run total cost function for a firm producing skateboards is TC= 18q^2-9q+72 where q is the number of skateboards per week. (1) What is the fixed cost? What is the variable cost?
Which of the following statements are true according to the previous graph? Check all that apply. The marginal-cost curve lies above the average-variable-cost curve. The marginal-cost curve is below the average-total-cost curve when output is less th..
A lump-sum tax causes the after-tax consumption schedule to be flatter than the before-tax consumption schedule
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