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Explain why expansionary monetary policy affects output before it affects inflation. If there is a negative price shock, what will be the effect of countercyclical monetary policy on output and inflation. When will these effects occurred if there are time lags. What is the fed's goal in using countercyclical policy?
What is the deadweight loss if buyers, instead of vendors, are required to pay the tax of $4 for each unit of the good sold.
Identify and talk about at least four companies that you regard as having characteristics listed here. Suppose you bought common stock in each of four companies identified here.
positive levels of output and are zero if the monopolist shuts down. If current output level is 5, illustrate what should the monopolist do to increase profits.
assuming economy is in a long run equilibrium, show fraction of total output earned by labour and fraction of total output earned by capital. Explain why, in long run, firms make zero economic profits in this economy.
Which approach to motivation would you apply to encourage female associates in your firm to "self-promote" more actively. Explain your choice of approach.
Suppose Jason has allocated his entire budget to the purchase of apples and bananas. The marginal utility of the last apple purchased is 10 utils and each apple costs 10 cents.
Suppose the legislature enacts minimum wage legislation in order to provide workers with a "living wage.
Illustrate what is the constant term if the equation for the demand curve is written in the form.
W hat will happen to the number of firms, the market supply, and the price of the good as we move from the short run to the long run?
Illustrate what does this suggest about demand elasticity for drugs. Could it be that this experiment didn't actually measure elasticity very well and that elasticity is quite large.
Elucidate how changes in government spending also taxes positively do or negatively affect the economy's production also employment.
You recently hired an economist to work with engineering also operations experts to estimate the production function for a particular line of office chairs.
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