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The real growth in the output of the economy is +1.5%, inflation is 2.0%, what is the growth rate of money (the velocity of money is constant? What would happen if velocity was increasing by 1% What would make it increase?
What will be the equilibrium price in the world market for laptops? With trade, what happened to the price of laptops in the United States? Japan?
Suppose that you are the chief economic advisor to the president of the United States. You are asked to propose a strategy to bring the economy out of recession. Unemployment is at 13 percent and inflation is relatively low.
the complete lung-run model for exchange rate determination posits that changes in the nominal interest rate also
Imagine that you are the Chair of the President's Council of Economic Advisors. You need to prepare a briefing for the president on the status of the economy. Write a 1-2 paragraph on how the economy is generally doing. (For instance, determine if..
Assume there are two firms, A and B, buying labor in a market. They each have a constant level of VMP = 15. They face an upward sloping supply curve, W = 2L, where L is the sum of the supply of labor purchased by firm A, LA, and by firm B, LB.
Explain how much should the store charge for an yearly membership in order to extract the entire consumer surplus via an optimal two-part pricing strategy.
The Obama campaign says that government spending on infrastructure and education is the best way to encourage economic growth. Is it correct to say that the Romney campaign is using a "Neoclassical" model and the Obama campaign is using a "New Gro..
Can you explain how FISCAL POLICY (making changes to government spending and taxes) would affect Aggregate Demand (AD) How do these two mechanisms of expansionary policy differ
Vera is an impoverished graduate student who as only $100 a month to spend on food-Explain why Vera's preferences are of a very special type here. How would you graph them?
Melinda would like for her descendants to be able to withdraw 40000 every year forever starting in 30 years. She has found an investment that will provide her a guaranteed 10% return forever. To fund the withdraws she will make ten equal annual d..
The Hair Stylist, limited, has a monopoly in College Park market because of restrictive licensing requirements, and not because of superior operating efficiency.
Discuss the changing economic variables in China that influenced McDonald's expansion strategies.
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