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Who was the economist who invented the idea of monetarism?
problems are caused by omitting a relevant variable
Based on the Solow model, how would each of the following affect consumption per employee in the long run? Describe and illustrate your answer graphically.
Who is hurt and who benefits from each of the two types of inflation What is the impact that inflation has on our income List and describe two examples of when inflation may be understated as a result of how the CPI is measured.
Which of the following changes to fiscal stimulus package of 2009 for $862 billion (under the bill called American Recovery and Reinvestment Act of 2009) would have a larger overall impact on AD? Explain your answer with credible logic and analysi..
suppose that the economy is initially at equilibrium in which total planned real expenditures equals real gdp. which of
Proponents of zero inflation argue that even mild inflation (1 to 3 percent) reduces the economy's real output. Do you agree or disagree with this assessment? Why?
1. why are economists concerned with economic growth?2. how is capital deepening related to savings?3. why is there a
Netflix has revolutionized the movie rental business by charging $7.99 a month for unlimited streaming movie service. On the other hand rental movie kiosks like Redbox are popping up by the thousands in supermarkets, drugstores, restaurants and..
A man is planning to retire in 20 years. Money can be deposited at 8%, compounded monthly. It is estimated that the future general inflation rate will be 3% compounded annually. What deposit must be made each month until the man retires so that he ca..
A Firm has total cost function given by following: What is the Total fixed cost when Q = 100? And Average fixed Cost when Q=100?
Critically analyze the pros and cons of putting a price ceiling on prescription medicine. Make sure to use concepts from the chapter in this unit such as government intervention, inefficiencies, price elasticity, etc. in your answer.
What is the expected annual real depreciation consistent with interest parity?
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