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Difference between cost-push and demand-pull inflation
What is the difference between cost-push and demand-pull inflation? Which was the primary cause of inflation in the early 1970's? What type of inflation has the Federal Reserve been trying to prevent in 1998 and 1999?
You are a budget analyst in a California State legislative budget committee and have been asked to prepare a policy brief on the budget issue for the state.
If velocity is unchanged and the money supply grows by 13% and the real GDP grows by 4%, what is the rate of inflation?
How do you think each of the following affected the world price of oil? (Use demand and supply analysis.)
What is the marginal propensity to consume. What is the slope of the consumption function (you should give a numerical answer, not a formula)?
As the manager of monopoly, you face potential government regulation. Findout the monopoly price and output.
If the price changes above occurred for all goods across the economy during the four year period, elucidate how nominal GDP and real GDP would differ.
The percentage changes in quantity demanded divided by the percentage change in price.
Shelly's preferences for consumption and leisure can be expressed as. This utility function implies that shelly's marginal utility of leisure is C-200 and her marginal utility of consumption is L-80.
Dana's Doorsteps (DD) is a monopolist in the doorstep industry. Its cost is C= 10Q and demand is P = 30- Q.
It is like the FRB has already tried to stimulate the economy by lowering interest rates
What is Nash Equilibrium output for his supposing that the two firms choose their production quantities simultaneously?
If the indurtry can pay only one of the six salary levels shown, which should it choose? How many workers will it employ?
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