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An increase in the reserve requirement would:
increase excess reserves and reflect a contractionary monetary policy.
decrease excess reserves and reflect an expansionary monetary policy.
decrease excess reserves and reflect a contractionary monetary policy.
increase excess reserves and reflect an expansionary monetary policy.
What is the impact of free trade on domestic job creation policy? Elaborate with examples. What are the impacts of outsourcing and off-shoring on trade liberalization (globalization) and economic structure?
Suppose that Taher's pizza business operates under competitive conditions and that his short-run production function is q=20^E. How much labor does he employ if the price of each pizza is p = $12 and the hourly wage is w0 = $6? [Hint: In this case, i..
q1. suppose that the government imposed a 1 tax each time someone used the atm. how would this effect output and the
determine the output that would generate a total profit of $60,000 and the total sales revenues at the output level; draw the cost-volume-profit chart.
Illustrate what happens to wheat farmers and the market for wheat when university agronomists discovers a new wheta hybrid that is more productive than existing varieties? show graphically.
Discuss the implications of the outsourcing of labor for the nation as a whole, and see if you can find an example to cite within the region, where a company or factory has shifted production to Asia or elsewhere overseas.
If the IS curve does not shift when autonomous consumption increases by $100 MM and autonomous taxes increase by $200 MM, what can we infer about the marginal propensity to consume?
A temporary group of employees responsible for bringing about a particular change is a
Trace through the effects a minimum wage might be expected to have, for two cases: the demand for output produced by workers is perfectly elastic. the demand for output is not perfectly elastic
Describe the changes in price and quantity moving from one equilibrium to another. Be sure to identify what increases, what decreases, or what may do either.
q.given your answer in part b if px would increases by 10 by what percentage would sales decrease? what impact would
The price paid by buyers increases by $2 and the after-tax price received by sellers falls by $3. The government is able to raise $750 per month in revenue from the tax. Elucidate deadweight loss from the tax.
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