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Macroeconomics
Directions: Be sure to save an electronic copy of your answer before submitting it to Ashworth College for grading. Unless otherwise stated, answer in complete sentences, and be sure to use correct English, spelling and grammar. Sources must be cited in APA format. Your response should be four (4) double-spaced pages; refer to the "Assignment Format" page located on the Course Home page for specific format requirements.
Part A Describe three (3) ways we can use macroeconomic analysis, with one (1) original example for each way.
You are running a small yard maintenance business for the summer. What do you expect to happen to the number of yards you can maintain in a day as you add workers if you don't purchase more capital equipment (like mowers and leaf blowers)? Provide at least two (2) supporting facts to support your response.
Part B Using the real business cycle theory, explain two (2) effects of an adverse technological shock on the labor market and on the output market.
Suppose you were interested in increasing technological progress in your country. Suggest two (2) ways to do this.
Grading RubricPlease refer to the rubric on the next page for the grading criteria for this assignment.
Explain how the aggregate expenditure function shifts in response to the changes in each of the following variables:
In 250 words answer this question. What are the limits to the U.S. long-term economic growth? Is there anything that our government can do to address these limits, or would it be a bad idea to try?
The invisible hand theory which essentially says, people through pursuing their own economic self interest, help allocate resources in the economy as if an invisible hand is at work to do so.
How would you advise your friend relative to monitoring changes in the business cycle (i.e. identifying expansion vs. contraction of the economy)?
The production possibilities curve below sho the hypothetical relationship between the production of food and clothing in an economy.
question 1type the following command in stata to load the smoke dataseta you are interested in examining whether living
All of the firms will submit sealed bids. The procurement officer will look at all of the bids and select the lowest bid but pay to the lowest bidder a price equal to the price bid by the second lowest bidder. Show that bidding c is a weakly domin..
How is duration related to the interest elasticity of a fixed-income security? What is the relationship between duration and the price of the fixed-income security?
Illustrate what recommendations you make to assist the organization
If you were offered an outrageous compensation package to join a company that is laying off employees, declaring bankruptcy, and/or performing poorly overall, would you accept the position?
The concept of present value gives equivalent in dollars available immediately to a payment that is made at some point in future.
GDP growth rate the business cycle, fiscal policy and level of unemployment, monetary policy and interest rates, international trade, and demographics.
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