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Identify each of the following policies as either fiscal policy or monetary policy and explain why for each question
a) The cash for clunkers program which provided a tax credit for purchasing a new vehicle.
b) The FDIC insured amount for bank accounts is increased to $250,000 and bank reserves are paid interest.
c) New construction projects on highways and roads paid for as part of the recovery act.
For ONE policy, explain the intended effect on the economy using the AS-AD model.
examine two 2 organizational forms of business e.g. functional product etc.. predict the possible implications of the
time is important in roundabout production but not in direct production. is this statement true or false? explain. why
There are two countries (US, Mexico) producing two goods (Ipads (I), Jeans (J)). Suppose I is relatively capital intensive in production and the Mexico is relatively capital abundant. What will be the pattern of trade between the US and Mexico? Which..
Suppose that a study conducted by the Department of Homeland Security discovered that the average time it took passengers to go through the customs process for international flights arriving at the Atlanta airport was 33 minutes.
imagine you had a choice between a job that focused on macro political analysis or micro political analysis. which one
Suppose an economy described by the Solow model has the following production function: Y= K^1/2(LE)^1/2: a) For this economy, what is f(k)?
In order to derive an individual's demand curve for salmon, we would observe what happens to the utility-maximizing bundle when we changea. income and hold everything else constant. b. the price of a close substitute and hold everything else constan..
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After the price of car making robots fell by 10 %, the demand for assembly workers fell by 15 %. What is the cross wage elasticity of demand? Are robots and assembly workers gross substitutes or gross complements?
suppose that the u.s and japan are two ricardian economies. both countries can produce only two goods automobiles and
The Future 2055 The U.S. economy is at full employment. President North West is spending billions of dollars on military equipment in the U.S. He is also attempting to carry out his promise to put a man on Mars by the end of the decade. He is conside..
youve developed a very popular up-scale but reasonably priced clothing fashion line for young people. you produce
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