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Using diagrams for aggregate expenditures (AE) and aggregate demand and supply (AD-AS), show the short run effects each of the following scenarios has on the relevant economy. Be sure to identify the cause of any shift or movement along AE, AD, and/or SRAS. [Hint: Your diagrams for each part should look something like those in Figure 23-8, or 23-10 in your text.] (a) Due to the decrease in world oil prices, Canadian oil and gas companies reduce investment spending. [4] (b) Depreciation of the Euro leads to an increase in exports for the Euro-zone and a reduction in the marginal propensity to import in the Euro-zone. [5] (c) Canadian productivity rapidly increases, while at the same time Canadian exports increase due to a growing US economy. [5]
Should we worry or lose sleep over our $16 trillion public debt? If there are legitimate concerns related to our increasing public debt, what are they and why should they be of concern?
Illustrate what is the equilibrium price of tickets to the event. Calculate the price elasticity of demand at the equilibrium price.
a change in populationassume a one-time decrease in population possibly caused by an onset of disease or a sudden
If you had to create an instrument that measured the prosperity of a nation, Illustrate what would be the three most important aspects of the society you would include.
q1. markets left alone always tend to equilibrate that is find their way back to the equilibrium point. what is
What does an increase in fixed costs due to the average cost curve of small firms.
Elucidate which methods resulted in the most hits. Elucidate which methods resulted in few or no hits.
Tyrion, who likes beer and wine, lives in Westeros, where people buy things with Silver Stags (SS). The price of wine is 5SS per flagon and the price of beer is 2.5SS per jug. Tyrion’s daily income is 50SS.
q1. connie and stephen must decide how to split a pie. suppose both of them simultaneously formulate demands x and y.
He decides to assign his grades for his current course such that top 15% of students receive an A. What is lowest average a student can receive to earn an A.
Review options available for managing this foreign-currency liability. Is there any reason to prefer one course of action over another.
What would happen if the Free Zone in central bank lowered the federal funds rate and buy securities on the open market? b-recommends that the central bank sua or lower the federal funds rate? why?
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