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The economy is made up of C and I and is currently at full employment. If consumption is $5 trillion while savings is $1 trillion, what is current investment according to the Classical economists? Suppose consumption falls by $500 billion what will happen to savings and investment according to the classical economists?
The Effects of the Great Recession on the Central Banks Doctrine and Practice, critically and briefly analyze the direction of changes in monetary policy
Suppose your telephone plan charges you $25 per month plus ten cents per minute for long distance calls. Write an equation that describes your monthly telephone account.
What is the unemployment rate? What will the unemployment rate be if the unemployed increases to 7 million and 3 million individuals become discouraged workers?
Assume a society manufacture only guns and butter. When it uses all its resources for the production of guns and operates efficiently, it can manufacture 240 guns a year.
As its doing on the Technological Industry and required help in putting it together below is what it have to consist of.
Colin faiths that the number of job offers he will get depends on the number of courses. He concludes from observation that the following figures are typical.
Consider the Bertrand model with no product differentiated in which each firm has a positive and fixed sunk cost F and zero marginal cost. What are the equilibrium prices and profits? Illustrate your result on a proper diagram.
Assume that there are many countries capable of producing two goods, and that each country has only one factor of production, labor.
Lets say that as an worker of the World Bank that I have been proposed to research the requires of a country with a particular economic concern.
In the late 1960s, Milton Friedman and Edmund Phelps argued that there was not a structural relationship between inflation and unemployment rates. In particular, the trade off could only exist in the short -run.
Explain how has a more diversified labor force affected the corporate structure and the economy.
The inspection equipment has a 6-year useful life and no salvage value. Use a nominal 18% interest rate in your calculations. How much can Robot afford to pay for equipment if the wages and worker benefits were to have been paid monthly?
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