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The answer to aggregate supply curve
Why does the aggregate supply curve become very steep after potential output is reached?
What does it mean for inflation when the demand curve shifts and crosses into this steep portion of the supply curve?
An University President wants to reduce expenditures on fringe benefits
Why might it be difficult for the Fed to formally adopt inflation targeting? Would inflation targeting be a good policy for the Fed in the present economic environment
Suppose you decide to withdraw $100 in currency from your checking account. What is the effect on M1? Ignore any actions the bank might take as a result of the withdrawal.
Explain her change in consumption in terms of income and substitution effects (give a precise quantitative answer). Is this a Griffin good (how do you know)?
Major multinational company such as Acme (some of which are listed below) attempt to track the relative movements and magnitudes of global capital investment.
Illustrate what is your rate of return for each alternative for four stock prices one year from now. Summarize your results in a table that shows the rate of return on investment for all three alternatives.
In a few weeks Professor Smith will be taking his daughter Attilla to the State Fair. Calculate the Marginal Rate of Substitution (MRS).
Illustrate the point price, income, also cross elasticities at the present values. Interpret your answers, saying how much a 1% change in each variable impacts demand.
Make the categories and terms of the three basic demands for money and what the number of categories of the money supply are.
Compute the path of the economy, that is , calculate real GDP, the price level, the inflation rate and real money stock for each year until GDP I swithin 1% of the potential. (limit calculated values to 10 decimals points)
Describe departmental cost driver rates depends on direct labor hours for assembly also machine hours for cutting.
Illustrate what will happen to the wages of IT professionals when there is a glut of workers. In terms of supply and demand, what can individual IT professionals do to increase their wages.
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