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Explain what effect a reduction in the U.S. interest rate would have on the exchange rate?
Full employment is the situation in which the economy operates at an unemployment rate equal to the sum of
According to the alternative approach (heterodox) towards economic production the only real scarce factor is time. Money, being a credit/debit relationship, cannot, by definition, be scarce. Nor are capital or resources scarce but reproducible.1 This..
Suppose that the economy price level is 100, the quantity demanded of Real GDP in short-run is $4,000 billion and quantity supplied is $4,000 billion. find the output gap in percentage points?
A firm currently uses 100 workers to produce 200 units of output per day. The daily wage (per worker) is $80, and the price of the firm's output is $50. The cost of other variable inputs is $600 per day. The firm’s fixed cost is 8,000. The marginal c..
A any given interest rate, business become very optimistic about the future profitability of investment spending. Assume the budget balance is zero.
Illustrate what would be the best advice to give him knowing which this is his only source of income.
q.the below information about the market for chocolate bars are revealed by market research demand schedule qd 1600 -
Health issues associated with different age groups in a community are actually quite different. Primary causes of morbidity and mortality, for example, vary significantly with the patient’s age. Select one of the age groups(adolescents, young adults,..
Fair weather helps produce the best crop of peanuts in a decade. Which determinant of cumulative demand causes the change
Ace Manufacturing is building a new facility that will cost $44M. Ace will borrow $40M from First National Bank and pay the remainder immediately as a down payment. Ace will pay 7% interest but will make no payments for 4 years, at which time the ent..
Ross derives utility from only two goods, chocolates (x) and donuts (y). His utility function is as follows: U(x,y) = 2xy. His marginal utility from chocolates (x) and donuts (y) are given as follows: MUx = 2y and MUy = 2x. Ross has an income of $100..
When a tax is levied on a good or service, the following will happen:
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