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what are te three main aggregate supply factors that determine a nations potential level of real output? what are the four main components of aggregate demand? "explain" aggregate supply factors determine a nations potential gdp, whereas aggregate demand factors determine whether or not the nation achieves its full employment gd. how does fiscal and monetary policy relate to aggregate demand?
The Great Recession of 2007-2009 affected millions of United States citizens and had multiple reasons. Determine some of the major contributing factors and how did they combine to cause the recession?
Conflicts between Pat's statements and work. Do you see any conflicts among Pat's statements and trips to Europe.
At the start of the game, A will decide how much to spend on advertising. B, after learning how much A has spent, can then either match A's advertising expenditure or spend nothing on advertising.
In October 2004 and 2005, real GDP in the United States increased by 3.6 percent, while nonfarm payroll jobs increased by only 1.4%.
Your firm operates three plants. The cost functions vary across the three plants. Plant A: Marginal Cost = 6Q Average Variable Cost = 3Q Average Fixed Cost =1000/Q Plant B: How much output should be produced at each plant?
Suppose demand function has changed t0o Qd2 = 14-P. What is the new equilibrium price and quantity. Show your work
The extensive application of protective tariffs destroys the ability of the international marketplace system to allocate resources efficiently.
You are the manager of a local sporting goods store. Given the reservation prices, determine your optimal bundle pricing strategy.
See the inflation adjusted data also identify the periods of negative real economic growth. What might have caused each of these periods of economic decline.
The annual rate of growth of real GDP in a developing nation is 0.3%. Initially, the countries' population was stable from year-year. Recently, however, a significant increase in the nation's birth rate has raised the annual rate of population growth..
Why does a larger government budget deficit increase the magnitude of the crowding-out effect and how does the multiplier work and what might government use it for?
Describe the major difference between the law of demand and the law of supply. Consider the supply and demand schedules below.
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