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If the velocity of circulation is growing at one percent a year, the real interest rate is two percent a year, the nominal interest rate is seven percent a year, and the growth rate of real GDP is three percent a year, calculate the inflation rate, the growth rate of money, and growth rate of nominal GDP.
Explain why are prices generally higher for goods/services in London as opposed to Newcastle, or New York as opposed to San Fran.
Interior Department currently announced that it will increase the entrance fees at Yellowstone National Park in order to increase park revenues.
Illustrate what happens to the supply curve and the equilibrium point when a new technology improves a production process.
Make sure to include some final recommendations and strategic initiatives.
Assess President Obama and the Congressional Majority Democrats' stimulus, budgetary, and health care initiatives in the context of promoting Economic Growth and Development.
Give a graphical representation of the trend in inflation and unemployment in terms of unemployment for the period 1983 - 2011. Comment outcome.
Describe supply and demand, major reason(s) for the price increases and fluctuations, and international factors, if applicable. You should use at least four references.
One of the major problems in macroeconomics is disagreement in the debate over policy activism versus policy rules.
Advances in telecommunications and information technology revolutionize the way Ms. Aura does business. She begins to use the Internet to nd all relevant information about clients and meets many clients through teleconferencing. The new technol..
Field discusses the key threats to sustainable management of forests and agricultural resources. First summarize these threats. Then,
Due to an increase in her rent, Isa needs to cut back her spending on other items. Which type of goods will Isa consume less of.
In addition, pi* is the central bank's target level of inflation , and b is some positive parameter. This rule states that the central bank raises the real interest rate above its long-run level when inflation is above its target and lower when it..
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