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While some of you may not choose to enter economics as a profession, hopefully you have gained some understanding of macroeconomic issues from the course. Pick any current event that interests you. Briefly summarize the event for your classmates and then apply one of the macroeconomic concepts from the course. What are the implications of this event for our economy?
1. nbsp nbspbriefly define the following termsa.nbspnbspnbsp budget deficitb.nbspnbspnbsp contractionary fiscal
According to your estimate, elucidate what happens to the Transit Authorityas revenue when the fare increases.
Explain are there any present events in the news that you can directly link to concepts or theories covered so far.
In the Case Study on international reserves, we asserted that except in the case of a reserve currency system. Explain by contrasting the case of a gold standard-type system and a reserve currency system.
Assume Madison has sixteen hours in the day for work or leisure. She earns $5 an hour and receives $15 each day in non-labor income.
Consider economy that is above full-employment equilibrium (natural rate of output) because of an increase in AD. Prices of productive resources have'nt changed. With the help of graph
Aggregate Demand & Supply Determine whether each of the following would cause a shift of the aggregate demand curve, a shift of the aggregate supply curve, neither or both. Which curve shifts, & in which direction
Describe the macroeconomic and microeconomic concepts and how they relate to the management of a global organization.
Brian is taking three courses this semester: economics, statistics, and finance. He has decided to spend 19 hours per week studying his objective is to maximize his average grade.
What would happen to the amount of economic investment made today if firms expected the future returns to such investment to be very low ?
Two goals of monetary strategy in the United States are price stability and full employment. Explain with the help of the appropriate graphs.
What is the value of the money multiplier and What are the nominal values of deposits, currency, and reserves
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