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What is the difference between a loosely coupled system and a tightly coupled system? Give examples.
where a is a parameter between zero and one that measures the influence of national income on investment and b is a parameter greater than zero that measures the influence of the interest rate on investment.
explain alternatives to traditional monetarist devices be identified in modern economies.
How many units of housing would the government have to increase the supply of housing /in order to get the market equilibrium rental price to fall to $1500 per month? To $1000 per month? To $500 per month?
Briefly describe the pattern for the U.S, economy with respect to its current account balance from the 1950s up to and including 2015.
What kind of shocks could have caused this change to the money demand function? Determine the new interest rate and equilibrium level of output.
What is a discouraged worker? Are they included in the basic unemployment rate? Are they included in any measure of unemployment? How has the number of discouraged workers changed since 2008? How does the exclusion of the discouraged worker affect..
Her salary rate is $8 every hour and she has 15 hours per day to allocate between labor and leisure.
(a) Find Clear Vision's profit-maximizing output and price. Determine the resulting profit for Clear Vision. (b) Suppose that Box City imposes a (specific) tax of t = $1 per unit of service. Find Clear Vision's new profit-maximizing output, price, ..
You have been assigned the responsibility for developing the mitigation phase of the community's Emergence Management Plan. Your supervisor gives you specific instructions that the Mitigation Phase should not overlap any of the other phases of the..
bill gets utility satisfaction from two goods x and y according to the utility function uxy lnx lny. while bill would
If Ron is lazy, he will surf the Internet all day, and he views this as a zero cost opportunity. However, Ron would view working hard as a "personal cost" valued at $1000. What fixed percentage of the profits should you offer Ron? Assume Ron ca..
If the marginal propensity to consume is 0.8, a) What is the value of the multiplier? b) What is the marginal propensity to save?
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