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1. Explain the three main topics that macroeconomics is concerned with.
2. Explain the major critics of how unemployment is measured
3. Explain how consumption and savings are correlated. Please explain the causality of one variable on the other (use a graph for your explanation)
4. Using the flow chart from class please explain how government, the financial markets, firms and households interact with each other (please draw the flow diagram)
5. Looking at the investment demand graph, explain the relationship between the interest rates and investments (aggregate investments)
6. Explain what makes the Aggregate Demand Curve shift?
7. Explain what makes the Aggregate Supply Curve shift?
8. Explain how the role of government during a recession? How can the government jump start the economy?
q1. what are the most important things to consider when making a pricing decision for a good whose demand as well as is
Illustrate what is your advice to the Canadian government about which market structure to choose for pasta industry.
If policymakers want to reach full employment while maintaining balanced trade, what combination of monetary and fiscal policy should they use.
q. firms a and b compete as cournot duopolists in the cola market. the demand and marginal revenue are given by p 200
During the recession of 2001, despite the reduce in aggregate Demand the price level was essentially stable. That of the following is a reason for this.
Assume which an innovation reduces a industry's fixed costs also reduces cost from ATC to ATC. Before the innovation reduced the cost, the industry's maximum economic profit was
Determine the total consumer surplus and the total producer surplus; Label these areas on your Graph.
Assuming that this is rational behaviour by profit-maximizing "firms" elucidate what economic factors may influence such behaviour.
What is the highest possible total revenue that the team can hope to collect
Find the total quantity produced also every firm's profit in equilibrium. Express Illustrate what happens to these when Firm 1 changes its technology as above.
Compute an appropriate measure of association also decide how to present the results.How might this information involve the advertising approach.
Find outing relate to economist's traditional focus on Illustrate what people do, rather than Illustrate what they say they will do.
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