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a) What is fiscal policy? What kind of fiscal policy is needed to reduce unemployment problem?
b) What is monetary policy? What kind of monetary policy is needed to fight inflation problem?
What is money supply? Explain the tools Bank of Canada can use to alter the amount of money in circulation. Why is the money demand curve downward sloping? Explain the relationship between savings and investment.
According to the theory of comparative advantage, nations gain from trade because
Explain the connection between- tax burdens and elasticity, excess burden and elasticity
When moving up along the production function, the marginal product of capital will:
Calculate GNP, GDP, and aggregate income. GDP = $ GNP = $ Aggregate income = $ b) What is depreciation in this year? Depreciation = $ c) What is NDP? NDP = $
price elasticity of demand for stock is 1.5. this means that foe every 10 increase in stock prices the quantity
Should Roscoe's Rascals match the price offered by the competitor.
Use a supply-demand graph to demonstrate how the quantity and price of medical services are expected to be affected if we went from a world without insurance to a world where the government covered 90% of all medical costs.
Which of the following trends favor a more labor-intensive method of production? A growing number of desperately unemployed people as the result of rural-urban migration. A limit to the level that wages can fall (subsistence)
You are considering buying a house and renting it to students. The yearly operating costs are $2,050. The house can be sold for $335,000 at the end of 10 years and it is considered 18% to be a suitable annual effective interest rate. If the house cos..
Open a pizza restaurant and is considering either selling the bonds and using the 100,000 to start his restaurant or borrowing the 100,000 from a bank which would charge him an annual interest rate of 7 percent.
Assuming that your interest rate, i, is equal to 14% annually, what would be your maximum offer (purchase price) on this machine?
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