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Suppose the federal government increases its purchases of goods and services by $20 billion. What will be the change in the economy's real GDP? Suppose that a marginal propensity to save of 10%, and the nation has neither income taxes nor imports.
Real GDP will increase by $200 billion
Real GDP will increase by less than $200 billion
Real GDP will decrease by $200 billion
Real GDP will decrease by less than $200 billion
Real GDP will increase by $20 billion
Summarize the November 1-2 FOMC meeting. What did they directly or indirectly imply? What recommendations did they make? Do you agree with the recommendations? Why or why not?
Suppose that the natural rate of unemployment in a particular year is 5 percent and the actual rate of unemployment is 9 percent. Use Okun's law to determine the size of the GDP gap in percentage-point terms. If the potential GDP is $500 billion i..
For which tasks, or situations, might they best be applied? Do you think that AI systems will someday play a greater role in the design of databases and data warehouses? Why or why not?
There are 10 identical firms that have the common cost function c(y) = y 2 + 9. The industry demand function is given by X (P) = 200/
Illustrate what do you think about the goal of the IMF's aid to distressed countries. What has been the controversy surrounding the IMF austerity programs.
Most commercial fish species in nearly every ocean and sea are rapidly depleted. The world fisherman and vessels represent twice as much fishing power as major stocks of fish can sustain.
Suppose that the International Monetary Fund (IMF) is concerned about currency depreciation in a small open economy. a. What type of fiscal policy should the IMF propose to the government of the small open economy to generate a currency appreciatio..
Write a detailed report on forensic validity as a method used in investigations. Your paper should not be less than 1000 words and should be in APA format.
China pegs the yuan to the United States dollar at 8.3 yuan each dollar. Assume that this is above the equilibrium level of dollar in foreign exchange market.
Discuss the advantages and disadvantages of adjustable-rate versus fixed-rate mortgages?
Solve for the equilibrium price and quantity. Assume the price is expressed in dollars and the quantity is defined in 1,000's of units.
One of the determinants of demand is consumer's disposable income. In reference to this, what will happen to demand if the government increases income tax
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