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How do you feel about the high decrease in private investment? Even if the government spends more to stimulate the economy, if the margin of disposable income is not there the ability to invest, especially for small businesses, declines. Do you think that households saw more money during the time of the recession and how do you think it compares to where we currently are today.
What generalization can you make asd to the relationship between marginal revenue and elasticity of demand? Suppose the marginal cost of successive units of output was zero.
Demonstrate and explain the full process illustrate what happens when the central bank increases their long run target for inflation.
One criticism is that the IMF's one-size-fits-all approach to macroeconomic policy is inappropriate for many countries. This point was stressed in the Turkey's 18th IMF Program. What do you think? Is it right? How is this affecting international busi..
By how much will total economic surplus change if the city council passes a law requiring employers to include full reimbursement
q.a suppose we randomly poll 500 americans and ask them whether they believe that the parents are involved. what is the
The proportion of real GDP that must be forgone in order to reduce the inflation rate by one percentage point is called:
Explain the strengths and weaknesses of using monetary policy in comparison to fiscal policy when promoting economic activity.
Advise Steve whether he will able to rely upon his insurance policy. Support your answer with relevant cases and legislation.
A person’s demand for gizmos is given by the following equation: q = 6 - 0.5p + 0.0002I. Where, q is the quantity demanded at price p when the person’s income is I. Assume initially that the person’s income is $40,000. Show your work/ calculations. w..
Assume which the mix of fiscal and monetary policies is changed such which the money supply is increased by 100 while the government.
Calculate the percentage change in nominal GDP, real GDP and the GDP deflator in 2009 and 2010 from the preceding year. For each year, identify the variable that does not change. Explain in words why your answer makes sense.
A local market for new wood pallets has daily demand described by P=178-0.2Q and supply described by P=85+0.1Q. Calculate the equilibrium quantity. Suppose a market has a supply described by P=3.0+0.1Q and a demand described by P=6.0-0.2Q. Calculate ..
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