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1. If the government decided to raise taxes, which policy is it using? Is this expansionary or contractionary?
2. Which would you prefer to live with, inflation or unemployment?
Explain why mortgage rates have a given interest fee hence all borrowers have to return funds issued by an increment factor?
One of the goals of macroeconomic policy is to reduce the severity of business cycles. Q. If the severity of business cycles were reduced, what would be the effect on each of the four types of unemployment and on the unemployment rate as a whole
What will happen in the next 50 years to the relative demand for each of the following: food, housing, energy, fuel, water?
Assume that the unemployment benefits provided by the private sector (firms) are increased permanently, please answer the following questions.
Suppose that you decide to buy insurance and the marginal benefit with insurance is MB=80-10E.What happens to the optimal level of precaution? Explain.
Draw the consumer's budget constraint and optimal choice when three is no tax. Calculate the utility the consumer gets.
China pegs the yuan to the United States dollar at 8.3 yuan each dollar. Assume that this is above the equilibrium level of dollar in foreign exchange market.
Jeff Boynton,Consider the following graph:Based on the above graph, answer the following questions for a monopoly and a perfectly competitive firm. Discuss the differences you observe in above between the monopoly and perfectly competitive firm.
science of macroeconomicsdata of macroeconomics national income money and inflation.test will have 20 sample multiple
In equilibrium, the firms set identical quantities: Q1 = Q2. Find the firms' equilibrium quantities, prices, and profits. c. Compare the firms' profits under quantity competition and price competition. Provide an intuitive explanation for why pric..
Elucidate how OPEC would determine the price of oil and the level of output produced by the cartel. How would OPEC's price and output be affected by new discoveries of oil.
Where q is the number of hours of music he plays, and y is his consumption of all other goods. Each hour of music he plays costs him $2 in electricity, but his income is large enough that he could always afford to play music 10 hours a day if he so w..
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