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Explain how a reduction in each of the following variables affects the aggregate price level (P): (a) the expected price level; (b) employment; (c) the markup; and (d) unemployment benefits.
Recently submerged kingdom of Atlantis is populated through identical rational air breathing individuals. The king has decided to give an award to the industry whose product yields kingdom most economic value.
Suppose that the interest rate is determined by; M/P=d1Y-d2i, where P is the price level, Y is real GDP and M/P is real money stock,
Bill gets utility (satisfaction) from two goods, x and y, according to the utility function u(x,y) = ln(x) +ln(y). While Bill would like to consume as much as possible he is limited by his income, which is 100 dollars.
1. Group policy is one of the most useful features of Windows server and can be used to implement a variety of policy settings for our resources. However, to use it effectively, we need to understand its capabilities. Let's define group policy and..
Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?
A bank has $120 million in total assets, which are composed of reserves, loans, and securities. its only liabilities are $120 million in transactions deposits. The bank exactly satisfies its reserve requirement, and its total reserves equal $6 millio..
How do the economies of the countries you selected compare to the U.S. - Is either of the selected countries still in an agrarian phase of economic development?
Suppose that a firm wishes to dispose of 500,000 shares. Table 1 summarizes the various bids for blocks of shares. In this auction, the lowest bid disposes all the shares. Suppose that the seller retains the right to accept any submitted price...
Consider what will happen if this becomes a repetitive game (both oil companies knowing they will share many oil fields over the next years). Will the dominant strategy survive, and-if not-what strategy could emerge as "best?" based on the scenari..
Use the information on U.S. real GDP below to calculate real GDP per person for each year. Then use these numbers to compute the percentage increase in real GDP per person from 1987 to 2005.
Illustrate and fully explain using an example of relevant cost (a cost whose value does affect the optimal decision) and an example of irrelevant cost (a cost whose value does not affect the optimal decision) to the business regarding this decisio..
How gold prices have spiked partially due to the fact that the Federal Reserve would consider buying more Treasury Bonds to fuel the economy. How would this affect the price of gold?
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