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According to monetary theories of the business cycle, fluctuations area. independent of the banking systemb. more prevalent in countries with modern banking systemsc. more prevalent in agricultural countriesd. less prevalent in those countries with modern banking systems
Monetary theorists maintain that to eliminate the business cycle, it is necessary to eliminatea. moneyb. currencyc. bank creation of checkable depositsd. bank reserves
During the contraction phase of the business cycle,a. prices fall relative to costs, reducing profit marginsb. costs fall relative to prices, reducing profit marginsc. prices fall relative to costs, increasing profit marginsd. costs fall relative to prices, increasing profit margins
Through 2005, the most serious U.S. trough since the Great Depression was the one that occurred ina. 1991b. 2001c. 1974-1975d. 1982
Show the effect of moving to a consumption tax on the loan able funds market if people react favourably to the incentive to save. Choose which curve or curves you believe are affected.
Elucidate what does the US government hope to achieve through the use of its antitrust policy.
Monetary approach, elucidate the process by which a balance of payments deficit is corrected under a flexible exchange rate system?
Since inventories are not a large component of GDP, how can they affect GDP so sharply explain how will the replenishment cycle affect GDP in the near future?
Explain why should you, as a future employe, be concerned about the downward trend in labor productivity increases that have been observed since the early 1970s.
The Microsoft trial has been only one of the biggest investigations of antitrust behavior as the turn of the century.
Expalin how is the above stimulus bill going to be financed. According to the (Keynesian) theory, does it matter where the money comes from.
Discribe in detail ONE factor of how government involvement in the marketplace can impact or not impact the economy.
Illustrate Toms price elasticity of demand also what does his demand curve look like (either verbally explain the shape of the demand curve
Which of the following nation would you expect to have intertemporal production possibilities biased toward current consumption goods, and which biased toward future consumption goods.
Illustrate what special problems are faced by eastern european economies as they make the transition from central planning to competitive markets.
Assume there are 12 firms in an industry. The percentage of total sales is given in the following table:
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