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1. Contrast the Keynesian and Monetarist views on how a change in the money supply impacts the economy?explain
2.Discuss the determinants of the equilibrium interest rate and how it may change.explain
3.Contrast the Keynesian and Monetarist views on the effectiveness of fiscal policy? explain
Suppose you have $20,000 cash today and can invest it at an interest rate of 10% compounded each year. How many years (to the nearest one-tenth year, xx.x) will it take you to become a millionaire?
The World Bank is currently advising newly industrialized countries on how to encourage growth and they have asked for your help.
It might be hard to imagine demand for money decreasing --- the idea of anyone wanting less money doesn't sound rational --- but it is absolutely true that the demand curve for money is downward sloping. That means the quantity of money demanded goes..
What is the comparison and contrast of the "life cycle" hypothesis and "permanent income" hypothesis and their respective implications for inequality in the income distribution?
Many prices, including wages, would not be reduced even when aggregate demand decreased.
The problem belongs to Economics and it is discusses about Eurozone current inflation becoming deflation. The causes for the concerns over the transformation and the macroeconomic tools available have been discussed.
GDP is defined as the market value of all final goods and services produced within a country in a given period of time. In spite of this definition, some production is left out of GDP.
Assume that two individuals have the similar tastes and the same initial endowments. What can you say about the efficiency of the allocation.
Explain how the aggregate supply and Phillips curves are related to each other. Can any information be derived from one that cannot be derived from the other?
Suppose Q is the quantity demanded for medical care services. The linear industry demand function takes the form.
1 suppose the yield to maturity on a 2 year treasury note was 4 while the yield on a 1 year note was 5. assume that
The secretary of state has asked you to prepare a memo describing the key policies and economic arrangements that a specific less developed country should follow in order to achieve rapid growth and higher income levels.
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