Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
1) The largest source of household income in the U.S. is obtained from2) The market where business sell goods and services to households and the government is called the eco 372 final exam3) Real gross domestic product is best defined as4) Underemployment includes people5) The Bureau of Economic Analysis is responsible for which of the following?6) The Federal Reserve provides which of the following data? eco 372 final exam7) Consider if the government instituted a 10 percent income tax surcharge. In terms of the AS/AD model, this change should have8) If the depreciation of a country's currency increases its aggregate expenditures by 20, the AD curve will9) Aggregate demand management policies are designed most directly to10) Suppose that consumer spending is expected to decrease in the near future. If output is at potential output, which of the following policies is most appropriate according to the AS/AD model? eco 372 final exam11) According to Keynes, market economies12) The laissez-faire policy prescription to eliminate unemployment was to13) In the AS/AD model, an expansionary monetary policy has the greatest effect on the price level when it14) The Federal funds rate15) What tool of monetary policy will the Federal Reserve use to increase the federal funds rate from 1% to 1.25%? eco 372 final exam16) If the Federal Reserve increases the required reserves, financial institutions will likely lend outeco 372 final exam answers17) Suppose the money multiplier in the U.S. is 3. Suppose further that if the Federal Reserve changes the discount rate by 1 percentage point, banks change their reserves by 300. To increase the money supply by 2700 the Federal Reserve should18) If the Federal Reserve reduced its reserve requirement from 6.5 percent to 5 percent. This policy would most likely19) A country can have a trade deficit as long as it can20) A weaker dollar eco 372 final exam21) In the short run, a trade deficit allows more consumption, but in the long run, a trade deficit is a problem because22) Considering an economy with a current trade deficit and considering only the direct effect on income, an expansionary monetary policy tends to23) The balance of trade measures the eco 372 final exam study guide24) When a country runs a trade deficit, it does so by:25) Expansionary fiscal policy tends to26) In considering the net effect of expansionary fiscal policy on the trade deficit, the27) If U.S. interest rates fall relative to Japanese interest rates and Japanese inflation falls relative to U.S. inflation, then the28) Expansionary monetary policy tends to29) The U.S. has limits on Chinese textile imports. Such limits are an example of30) Duties imposed by the U.S. government on imported Chinese frozen and canned shrimp are an example of
Illustrate what happens in the long run when the patent expires also other firms are free to use the technology.
Suppose that they are thinking of every specializing completely in the area in which they have a comparative advantage also then trading.
Trace out exactly where this 100 increase in income goes in the second round and compare to our simpler treatment with a closed economy and lump sum taxes.
Represent graphically the effects of an expansionary monetary policy and a contraction fiscal policy in the IS/LM/FX model.
disposable personal income decreases by $50 billion and trade deficit is reduced by $15 billion. By how much has national income (Y) change.
What do you think about a tax on soda and junk food just like there is "sin" tax on cigarettes and alcohol? Do you think this would work to deter parents and children from consuming so much soda and junk food? How can you use the concept of Elasti..
Explain why monopolistically competitive firms frequently prefer nonprice competition to price competition.
explain exactly how you would take advantage of this situation to create a riskless profit.
Illustrate what would happen to the firm revenue if it decided to charge a price above $354.
Why is a point below the production possibilities curve less efficient than a point on that curve?
Conclude the optimal number of bran muffins to sell in a single package also the optimal package price. Elucidate how all step by step calculations to arrive at solution.
If I produce 20,001 copies my total cost will rise to $750.02, therefore my marginal cost of producing copies must be increasing.” Draw a graph to illustrate your answer.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd