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Analyzing the different approaches that might be used by Keynesian theorists and monetary theorists to promote long-run macroeconomic stability. Examine the impact of persistent budget deficits on the trade deficit and analyze the options available to policy makers when national savings presents opportunities to improve the trade deficit
felix jones a recent engineering graduate expects a starting salary of 65000 per year. his future employer has
1 the following data applies to the economypersonal incomeconsumption100007000120008000140009000the tax rate is 25.
Draw the new budget line and use the indifference curve to identify the change in quantity purchased and illustrate the income and substitution effects.
If the economy is operating on the upward sloping portion of the short-run aggregate supply, SAS, curve; show that an increase in aggregate demand, AD, from expansionary fiscal policy will result in an increase in both real income, Y, and the gene..
Differentiate the real exchange rate and the nominal exchange rate and describe two reasons why purchasing power parity does not hold for all goods and services.
Toys Corporation has estimated its demand and cost function what will be theprice and quantity if Toys would like maximize profits
1 . Based on the game, how did the simulation show the use of monetary policy to control both unemployment and inflation? How do Federal Funds Rate affect unemployment and inflation based on your experience with the game?
oligopoly monopolistic competitionand the factors of production1.a monopolistically competitive firm chooses thea.
If nominal wages and productivity increase by the same amount throughout the macroeconomy, would you expect aggregate supply to increase, decrease, or stay the same? What if productivity increases more than nominal wages
In a practical sense, write your opinions on the effect a rule stating that university students must live in university dormitories would have on the price elasticity of demand for dormitory space.
If the price elasticity of demand for gasoline is 0.3, and the current price is $1.20 per gallon, what rise in the price of gasoline (in cents or dollars) will reduce its consumption by 10%? please explain.
1. consider the demand function x alphamp that emerges from a cobb-douglas tastes. a. derive the income elasticity
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