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If policymakers increase aggregate demand, the price level
A. falls, but unemployment rises.
B. rises, but unemployment falls.
C. and unemployment fall.
D. and unemployment rise.
When the addition of one more unit of input results in a smaller increase in output then the previous unit, what type of return is occurring?
In the country of Mainia, GDP consists of cranberries and maple syrup. In 2000, 50 units of cranberries are sold at $10 per unit, and 100 units of maple syrup are sold at $5 per unit. If the price of cranberries was $5 per unit and the price of maple..
Distinguish between liberal economics and conservative economics. Why is macroeconomics an inherently political subject? Summarize the problems that can be created by rapid inflation. How can inflation become self-perpetuating?
What occurs when impact of change in tax structure? What limits ability of banks to make loans? Should an individual's investments be diversified? What is the relationship between unemployment and inflation?
Which of the subsequent companies has recently been used by the federal government for monopoly practices
Are any of the types of things that couples hide statistically independent of the gender of the respondent? Explain?
Robert’s New Way Vacuum Cleaner Company is a newly started small business that produces vacuum cleaners and belongs to a monopolistically competitive market. What are the profit-maximizing price and output levels? Explain them and calculate algebraic..
If he is an expected utility maximize who tries to maximize the expected value of ln W, where ln W is the natural log of his wealth, Explain how many coupons would it is rational for him to buy.
Swagelok Enterprises is a manufacturer of miniature fittings and valves. Over a 5 year period, the costs associated with one product line were as follows: first cost of $30,000 and annual costs of $18,000. Annual revenue was $27,000, and the used equ..
Human Capital Investments. Suppose that the marginal cost of an additional unit of human capital is given by MC = 400 and the marginal benefit is given by MB = 800 ? 25HC , where HC is the number of units of human capital. Graph MB and MC as a functi..
You were told that a certain cash flow sequence started at $3000 in year 1 and increased by $2000 each year. How many years were required for the equivalent amount worth of sequence to be $12000 at an interest rate of 10% per year?
What kind of unemployment do many commentators propose is dominant following the Great Recesison? Explain what’s going on here.
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