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Imagine knowing with certainty that interest rates will not change over the next five years. Identify how this fact would change the behavior of a business of your choice.
maria and emmanuel need to cut logs for shelter or gather food to stay alive per day. maria produces 10 cut logs of shelter and 10 baskets of food. emmanuel produces 5 cut logs of shelter and 8 baskets of food.a) what is the opportunity cost for ma..
In which of the following circumstances is expansionary fiscal policy more likely to lead to a short-run increase in investment? Explain?
By how much has the Franc enchanced or depreciated against the dollar.
where si is the market shares of the i-th firm in the industry. The Herfindahl index for A is 100. The Herfindahl index for A is 3,800. The Herfindahl index for B is 3,600 The Herfindahl index for A is greater than for B. The Herfindahl index is ..
Elucidate the impact of inflation, unemployment and the business cycle. Explain if the conditions are consistent with the Keynesian or classical economic theory.
Do workers choose to work more because wages are temporarily high and do workers choose to work less because wage are temporarily low? This is key to the "intertemporal substitution" story of this chapter. The following chart shows how much wages ..
different end points in their vision about the economy-Smith claims we end, as Heilbroner puts it, in "Vahalla" while Ricardo claims we end a relatively dismal steady state. In your thought paper, explore why they reach these strikingly different ..
Government play in affecting the supply also demand of a key commodity such as gasoline or electricity?
An economy is inlong-run macroeconomic equilibrium when each of the followingaggregate demand shocks occurs. What kind of gap-inflationaryor recessionary-will the economy face after the shock
Tom total revenue from cafe is 50000 per year, he bought a coffee machine costing $5000 an interest rate of 5 percent and $3000 is a loan from the bank which the rates is 10%
Illustrate what range of labor input is marginal product smaller than average product. What is happening to average product as employment increases over this range.
Discuss how the Federal Reserve kept the United States from sliding into a deeper recession after September 11, 2001.
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