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Using aggregate demand-aggregate supply analysis, explain the impact of an increase in consumer credit on the equilibrium price level and equilibrium real income in the short-run.
Indicate which curve or curves would shift and how that would affect the aggregate equilibrium price level and equilibrium real income (GDP) in the short-run.
Unemployment means that: a) there are some people who will not work at the going wage rate.
Using the circular flow model, explain the flow of money and goods in an economy. How the consumer price index (CPI) is constructed and why it is an imperfect measurement of the cost of living.
What is a store of value? What types of assets act as a store of value?
Explain what factors might cause individuals to expect that a country will devalue its currency. Explain the various actions that policy makers can choose in response to this expected devaluation.
Research federal government spending and taxes over the last 3-5 years (fiscal policy). Has total government spending increased or decreased? Explain. Have income tax rates increased or decreased? Explain.
What are some human capital specific issues that could interfere with the effective operation of the hospital? Will this project have any effect on inequality in Cote d'Ivoire? Why or why not?
Please give some data on unions from the employee's perspective. Discuss some advantages of a unionized organization
The US basically uses dollar as its currency form. What is the currency used by the Japan?
A single price monopolist faces a demand curve given by Q=200-2pand has constant marginal (and average total cost) of 20. What isthe economic profit made by this profit-maximising monopolist?
Identify any Nash equilibriums in this pricing game. Hint: It is considered good form to denote outcomes by the strategy combination that gets you there, not by the resulting payoffs. Could the two firms do better than the Nash equilibrium by collu..
Suppose the owners of the bank borrow $100 to supplement their existing reserves. This would increase the reserves account and increase the loans account. This would also bring the leverage ratio from its initial value of 1.95to a new value of 3.94..
suppose you are a painter and the price of a gallon of paint increases from 3.00 a gallon to 3.50 a gallon. your usage
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