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[A] Describe the Quantity of Money theory and identify whether this is a Keynesian or Classical cornerstone. Explain what happens when, based on this theory, the money supply is increased
[B] Discuss whether the Federal Reserve can control both the money supply and interest rates in the United States simultaneously.
[C] Compare and contrast the concepts of active and passive stabilization.
[D] Define and distinguish debt and deficits.
[E] Compare and contrast the economic effects of increasing spending versus reducing taxes.
Illustrate what are the major performance goals that we set for the economy, and how do we measure the performance?
Illustrate which of the following statements are examples of positive economic analysis. Which are examples of normative analysis.
Use graphical examine to demonstrate the gains and losses resulting from the migration of population from a low-income country to a high-income country.
You have the alternative of leasing an asset for $100,000 a year, with payments to be made at the end of each year of use. This lease cannot be cancelled.
Illustrate what is output elasticity in this case. What sort of returns to scale does the firm face.
Suppose that a perfectly equal distribution of income existed in Disneyland. Which of the reccent residents would have the same income he or she has in present distribution?
Explain how each of the following scenarios would cause the aggregate demand, short-run aggregate supply, and/or long-run aggregate supply.
What is its sustainable growth rate. Illustrate what must its profit margin be in order to achieve its sustainable growth rate.
Explain carefully in terms of production theory why it might be that no amount of "cracking down" can increase worker productivity at CF&D.
Elucidate why a decrease in aggregate demand results in a lower level of employment, given a fixed aggregate supply.
Interior Department currently announced that it will increase the entrance fees at Yellowstone National Park in order to increase park revenues.
Credit cards are sometimes discussed as a public problem. In 2001, purchases on credit cards accounted for 21% of consumer spending in America, which has the lowest savings rate of any big country.
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