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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]
If a portion of the loans extended by commercial banks is taken as cash rather than as checkable deposits, the maximum money-creating potential of the commercial banking system will.
Economics essay-a brief paper about six pages in length also concisely analyze a contemporary problem illustrating Monopoly, monopolistic competition also oligopoly in the marketplace.
Why would unemployment also job rationing the consequences of setting a minimum wage of 2 dollar every hour in this marketplace
assuming the price of labor is 6 per unit and the price of capital is 12 per unit compute the total variable costs the
Explain briefly why TOTAL profit (profit from entire sales) is still likely to be lower with this pricing scheme than with perfect price discrimination, despite charging a fixed fee equal to the entire Consumer Surplus of a typical consumer?
Which organization has a bigger markup. Explicate. Which organization has the bigger incentive for careful quality control
Illustrate what are the arguments for using real per capita GNI to compare living standards between countries. What weakness does this measure have.
q1. the average height of 27 unfertilized plants is 13 cm s 3.9.and you wish to test whether this differs
What is player 2's maximin strategy? If the game were played with Player 1 moving first and player 2 moving second, using the backward induction method, what strategy will each player choose?
If Jim is putting money into a savings account. He puts in $100 monthly. At the end of each year he gets a $500 bonus from work that he also deposits. If the savings account has a 5% interest compounded monthly, what will his future savings be in 5 y..
Illustrate what would you recommend that the firm do given this resource combination.
How much profit does each firm earn. Ignoring antitrust considerations, would it be profitable for your firm to merge with Fasten It If not, explain why not; if so, put together an offer that would permit you to profitably complete merger.
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