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1. Explain what determines the level of income, employment, output and prices in our economy.
2. Do you think current monetary and fiscal policy is working to help the U.S. economy achieve the three economic goals of full employment, economic growth, and stable prices?
3. Describe policies you would recommend to the President of the United States to create more jobs and to stimulate economic growth. Analyze the impact these policies would have on job creation and higher income for our economy.
What happens to price and output in the Cournot, Bertrand, and Stackelberg models if marginal costs increase by 10 percent? The market demand is p = a-bQ and the marginal cost is constant across firms, i.e. mc1 = mc2 = c. You may consider for two fir..
Some macroeconomic relationships in a national economy are described by the following equations (numbers in $ millions)
In 2000, the SEC proposed new regulations that would limit consulting work by accounting firms. This proposal was not passed by Congress. Do you think the legislators were trying to act in the public interest when they failed to pass this proposa..
Without using the midpoint formula, can you tell whether demand is elastic, inelastic, or unit-elastic over this price range.
Morgan Bank starts with $ 200 in bank capital. It then takes in $ 800 in deposits. It keeps 12.5 percent (1/ 8th) of deposits in reserve. It uses the rest of its assets to make bank loans. Show the balance sheet of Morgan Bank.
ABC Company is considering a private placement of equity with XYZ Insurance Company.
Illustrate what is the probability that the defense defends the right hand side. Explain in words what the expected outcome will be.
Evaluate the effect of each of these four changes on demand based on the estimates provided and what is the net effect of all the changes taken together
During the purchasing decision, evaluation stage, the consumer forms preferences among the brands in the choice set.
If her goal is to maximize the amount of money she can make every week, explain how many hours will she work at the bookstore.
Explain why general level of wages is high in United States and or industrially advanced countries.
Does overvaluation (undervaluation) of As currency reflect a major capital inflow (outflow) into country. What can you find with respect to financial account of balance of payments to substantiate that interpretation.
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