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A newspaper article once reported that the U.S. economy was experiencing a low rate of inflation. It said that "low inflation has a downside: 45 million recipients of Social Security and other benefits will see their checks go up by just 2.8 percent next year."
A) Illustrate why does inflation affect the increase in Social Security and other benefits?
B) Is this effect a cost of inflation, as the article suggests? Why or why not?
Which one may under present quality. Describe concepts of prospective also retrospective payment for services.
If the prices of gold and other commodities increases how will this influence the value of rand. Explain how will a depreciation of the rand influence our exports and imports.
What are some of the other key roles in the Planning Process.
Rise in the price reduce the quantity demanded, assuming price elasticity remains constant along the demand curve.
Explain how much of input 2 does it use. B) What is the most that it is willing to bribe an inspector to allow it to use another unit of input 1.
Suppose a household's annual take-home pay in 1951 was $8,320. Elucidate what would be an equivalent home pay in 1982.
What are the components of aggregate expenditure. What determines the slope of the aggregate expenditure line.
Merit goods have received considerable attention. Can concerts and other publicly provided services be rationalized using these ideas.
First National Bank receives a deposit of $5,400. If there is no slippage, explain how much could the money supply expand.
Calculate the percentage change in nominal gdp, real gdp and the gdp deflator in 2008 and 2009 from the preceding year. for each year identify the variable that does not change. explain in words why your answer make sense.
illstrate the effect of capital formation by comparing the prodution pissibility curves, at the present time and ten years in the future,for tow economies, one with the high and the other with the olw rate of capital formation.
You are being given data on supply also demand for the whole marketplace also are being asked illustrate what effect that has on you as a small part of that marketplace.
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