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Describe why the general level of wages in high in US and other industrially advanced countries. Determine the single most important factor underlying the long run increase in average real wage rates in the US
Illustrtae what are the nominal rates of interest for both the United States and the euro area?
Illustrate what does this suggest about the natural free trade pattern of specialization in Argentina. i.e. would we expect that it would be a net importer or exporter.
Illustrate what are the pros and cons of companies competing in the global environment and how this has affected the U.S. economy and the global economy.
Explain how does each of the following affect the aggregate demand curve?
Develop an exponential smoothing forecast with smoothing constants α =0.1 and 0.3. What would be the forecast for week 11?
Illustrate the stated direction of recent monetary policy. What recent actions have the Federal Reserve taken to confirm that direction
Use the IS/LM model and the IS-PC-MR model to explain what monetary policy to pursue.
Explain why would you expect the inflation rate to accelerate if the actual unemployment rate declined.
Describe what effect a contractionary fiscal policy would've on the price level and real GDP starting from full employment equilibrium.
Suppose the commodity market and the money market for an economy are described throughfollowing IS and LM curve.
Suppose that price level is flexible both upward and downward and that Fed's policy is to keep price level from either rising or falling.
A severe drought has make a shortage of tomatoes. Jim makes his own barbeque sauce. One of the main ingredients of his sauce is fresh tomatoes.
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