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Compare and contrast a historical and/or current macroeconomic disturbance to the business cycle and economic policy decisions related to that disturbance. The disturbance would be some event that causes either unemployment or inflation to rise. Be sure to discuss the appropriate fiscal and monetary policies which would address that disturbance.
Extensive margin models use Rogerson (1988) style lotteries in order to simplify the savings problem under non-full-insurance.
Suppose demand for a product Q = 1,200 - 4P and supply is Q = -200 +2P. Furthermore, suppose that the marginal external damage of this product is $8 per unit. How many more units of this product will the free market produce than is socially optimal? ..
This will be a real challenge, but it should be an interesting challenge. Much of the way we measure risk relies on probability distribution (the bell curve as shown on page 425). For many things in life, and business, this is perfectly valid, but fo..
Transaction cost is:
If you expect the annual inflation rate to be 12 percent next year and a one-year bond has an expected annual yield of 7 percent, then the real annual interest rate on this contract is ______.
Compute how many acres, hectares each person wold occupy if all U.S. residents.
critically discuss the pros and cons of this contractual arrangement vis-a-vis the alternative of outsourcing the teaching to an outside fi rm.
For example, the purpose is to identify four ethical principles from a set of ten and then provide a detailed discussion of each based on my experiences (job/college related)-Offer a critical analysis.
on the planet omicron persei 8 government spending is 1000 net taxes are 1200 as well as planned investment is 1400.
Would the outcome of a Hotelling model with prices regulated by the government be efficient?
If George assumes the used radiator will last 3 years, but will need to be replaced so he can sell the car, which should he buy? Develop a choice table for interest rates from 0% to 50%. George's interest rate on his credit card is 20%.
Suppose that a calculator company operates in a perfectly competitive marketplace producing 5,000 Calculators every day.
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