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1. Fiscal policy refers to the idea that total economic output and unemployment can be affected by changes. a. in the money supply b. in government spending and taxes c. in trade policy d. none of the above is correct
2. An open market purchases of government bonds by the federal reserve results in ___ in the supply of money and ___ in interest rates. A. An increase/ a decrease B. A decrease / a decrease C. An increase / an increase D A decrease / an increase
This section examines correlation, estimating confidence, and margin of errors. Correlation is an important concept to understand, since often what is found in many areas of research is not cause, but a relationship that exists among variables.
Suppose an economy produces three goods - Economy with three goods (rice, bananas, and strawberries), Draw its PPF assuming constant opportunity costs. Then draw it with increasing opportunity costs
Illustrate what conclusions can you draw about the similarities and differences between the EU and globalization.
Many U.S consumers want their meals in a hurry, but with more service and higher quality food than in traditional fast food restaurants. The result has been the rise of fast casual restaurant chains, such as Daphne’s Greek Café, Boston Market, and pa..
Depict two separate production possibilities curves and clearly label which one represents the quadrant 2 scenario and which one represents the quadrant 3 scenario. Explain how risk sharing impacts the production possibilities curve you drew and ulti..
Illustrate a firm in monopolistic competition that does not make a profit but rather a loss. Now illustrate how firm exit will change demand in the long run, allowing at least some firms to break even.
Suppose the government increases both taxes and government purchases by $10,000. Assuming that the marginal propensity to consume is 0.75, calculate the change in private saving, government saving, and total saving. Then draw a graph of the loan able..
Cost Planning; Gasoline Prices In June 2008, when gasoline prices were at an all-time high, greater than $4 per gallon, Chrysler Motor Company promoted its Jeep vehicle with the offer of either $4,500 off the price of the vehicle or the guarantee tha..
Assume that Sally has the following utility function: U = B2 + 4Z2. Sally’s income is $200, PB equals 1 and PZ equals 4. Determine the quantity demanded of Z. Show all of your work. (Hint: draw a couple of indifference curves prior to solving this ma..
Parent domain (kris.local) and child domain (corp.kris.local) for the organization's AD infrastructure are running on Server 2008. The following are concerns related to AD: (1) Kris Corporation is concerned about running multiple domain, and (2) a..
What do you believe is the proper balance between the free market and government regulation of industry? And why?
Gross Domestic Product measures which of the following? In the circular flow diagram income is received in which of the following markets? In the circular flow diagram expenditure is made in which of the following markets? Total income generated in p..
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