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You are an economic adviser to a candidate for national office. She asks you for a summary of the economic consequences of a balanced-budget rule for the federal government and for your recommendation on whether she should support such a rule. How do you respond?
Suppose in a closed economy, government spending is $60, business investments are $120 and consumers' spending is given as C = 120 + 0.85Y. What is the equilibrium level of output?
Critically examine the basic formulations of the harrod- domar model of economic growth. how does the harrod model explain the occurrence of trade cycles?
-Solve for the equilibrium values of Q and P (So find Q* and P*) as a function of a1, a2, b1, b2. - And what restrictions must be placed on the parameters a1b2 and a2b1 so that the value of Q* above makes economic sense.
Affects of investment of ldc:-Pick one country that has done well with investment(All good point)-Pick one country that has failed with private investment.
mike patrik, a recent ME graduate from MIT, expects to take out a loan to purchase an SUV for $30,000 with a down payment of $10,000. The loan she takes out requires her to pay monthly installments of $400 for 4 years. What is the effective annua..
Survey the monetary policies adopted by the Federal Reserve Board since the countries financial crisis erupted in 2008. How will these policy steps affect the nation’s employment, inflation, real interest rate and real exchange rate over the long run..
Assume that more firms receive permission to drill for oil in Alaska and United States controlled waters. In addition, suppose that the popularity of SUVs declines in favor of smaller, more fuel efficient automobiles.
You are the manager of a monopoly and your demand and cost functions are given by P = 200 – Q and C(Q) = 2,000 + 3Q^2, respectively. I answered a & b, just need help with the others.
Given major housing boom that contributed to economic growth in the United State from 2003 through 2008, some of revenues that local governments received were from development impact fee.
Explain why does the aggregate supply curve become very steep after potential output is reached. What does it mean for inflation when the demand curve shifts and crosses into this steep portion of the supply curve.
The setup activity price driver rate, using the best cost driver for this situation.
Find the average time per unity required to produce the first 30 units, if the slope parameter of the learning rate is 92% and the first unit takes 460 hours.
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