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The American Economy
What improbable items are thieves stealing? What technology is used to catch them? What's wrong with America's economy, and is America's economic problem short term or long term? According to the author of "Seize the moment," what does government need to do at this point in history?
Describe what long-term economic growth is and if there are any limits to the U.S. long-term economic growth.
Explain the trade-offs between any three of these options. In other words, what will you gain, and what will you have to give up if you choose each of the three options?
Suppose that natural real GDP is constant. For every 1 percent increase in the rate of inflation above its expected level, firms are willing to increase real GDP by 2 percent. Draw the new short-run Phillips Curve.
"If every employer hired its best qualified applicants for a job at every opportunity, the phenomenon of black poverty (as distinct from poverty) could be wiped out in ten years." Do you agree/disagree? Comment.
Joining marketsplace or developing countries across the world has presented attractive opportunities to global companies and thus, boosted FDI.
if the table shows the demand faced by a monopoly company then what is that firms marginal revenues as it increases output from 100 units to 300 units.
A nation has a lower inflation rate than all other nations, It has more rapid economic growth.
Explain how the Central Bank can set the nominal interest rate in the money market. In addition, explain how it can use expansionary monetary policy to boost GDP if the economy is in a recession.
Suppose the externality/public good aspects of weather forecasts and argue for or against such a "privatization" of weather forecasting.
Fiscal policy also decrease the dollar like monetary policy.
Explain how much control might an organization have over pricing based on a product's elasticity
The demand and supply curves for gasoline (in billions per year) are given below. Using the equations, find the initial equilibrium price and the quantity in the market for gasoline.
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