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You have been appointed economic advisor to the policy makers of your country. Your task is to devise and implement measures that will reduce structural unemployment and alleviate poverty in your country. Critically discuss the two measures and illustrate why you think they will be effective by making use of an appropriate AD-AS model.
Why might a profitable motel shut down in the long run if the land on which it is located becomes extremly valuable due to surrounding economic development?
Explain the process of revenue at NSU, focusing on the relationship between the increased revenue from students enrolling at NSU despite the higher tuition and the lost revenue from possible lower enrollment.
Which of the following is an example of fiscal policy being used in the US?
Consider a monopolist has a marginal cost such that MC=Q. In that market demand follows the equation Q (of demand)=500-.5P. What is the price the monopoly will charge? How much will the monopoly produce?
assume an economy with an ae curve with a slope of 1 where a one percent change in real interest rates changes real gdp
Elucidate why the price elasticity of demand differ along a demand curve, even if the demand curve is linear.
Explain who would the main beneficiaries be of tying Social Security
1. suppose the marginal benefit mb of national defense is mb 1000 - 10q where q measures units of national defense
For the 2nd quarter of 2011, identify the estimate for the current dollar value of Gross Domestic Product for the USA and explain in words what this number measures.
Singapore maintains very stringent requirements on the safety and hygiene standard of imported food from all over the world. Food which do not meet the safety requirements or are suspected of imposing risks to consumers are not allowed to enter th..
Suppose Bank of Canada (BOC) purchases $100 million worth of government bonds from a chartered bank. Assume BOC imposes 5% legal reserve requirement ratio to the banking system.
Suppose that you have following open economy where C = 10 + 0.8(Y-T); I = 10; G = 10; T = 10 and imports and exports are given through IM = 0.3Y and X = 0.3Y* respectively
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