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True or False
1. In the simple monetary policy rule, a large m means that the central bank is aggressive fighting inflation.
2. If the monetary policy parameter m changes, there is a movement along the AS curve.
3. When the Federal Reserve lowers the nominal interest rate to zero, the real rate is.
4. If British incomes rose, this would be reflected in the short-run model as a shift in the United States AS to the right.
In every presidential election some candidates claim that taxes are too high and should be lowered. In addition recognizing that the U.S. continues to have large deficit, adding national debts, these candidates claim that tax revenue (lower taxes) wi..
An Inventory Management System in the food industry.
Identify and discuss the most common pattern or stages involved in corporate violence. What are the worst specific consequences of corporate violence, and which claims about corporate violence seem least warranted? Which industries seem to have the w..
A normal good is being produced in a constant-cost, perfectly competitive industry. Initially, each firm is in long-run equilibrium. Briefly explain the short-run adjustments for the market and the firm to a decrease in consumer incomes. What happens..
Plot the consumption function C = 150 + 0.7Y. Assuming no government sector, if planned investment spending is 250 billion dollars, what is the equilibrium level of aggregate output? Explain in full sentences, and show this equilibrium level of outpu..
Suppose that macroeconomics forecasters predict that economy will be expanding in near future. How might managers use this information.
Kwok and Tadesse (2006) indicate that MNCs act as an agent to change a host country’s institutions and therefore help to lower incidences of corruption. Explain why MNCs often attempt to change host country institutions incidences instead of just pay..
Consider the case of an accident involving an injurer and a victim. The victim has suffered a harm of 10,000. The law holds the injurer liable to fully compensate the victim if and only if the former was negligent. Find the ‘range of the settlement’ ..
Consider the following market game: An incumbent firm, called firm 3, is already in an industry. Two potential entrants, called firms 1 and 2, can each enter the industry by paying the entry cost of 10. First, firm 1 decides whether to enter or not. ..
What is the Deadweight loss cause by the insurance policy? What happens to the size of teh deadweight loss if it turn out that the marginal external benefit of visiting the doctor is $50?
Show the balance sheets of Swede world only commercial bank after the initial deposits
How does policy development affect the rights of the individual? What is the overall effect? Why should we be concerned?
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