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Marginal propensity: 0.63 - 0.76
what is expenditure multiplier?
wil increase from __ to _____
and if multiplier increases, everything else equal. changein expend. will raise aggreg. ependiture to a [larger,smaller,same] amount
Individuals exchange commodities subject to the cash-in-advance constraint \(pz
In cases in which the human subject is dissatisfied or a complaint about the researcher or Yes No procedure, will the researcher explain to the human subject that he or she may express this complaint to the Subject Coordinator?
economic scenariothe u.s. is in recession and at last report gdp was shrinking at a rate of 1 per year.the unemployment
Explain why fitting a line of best fit through observed price and quantity combinations over time is not likely to yield good estimates.
You have won the lottery. There are two ways which you can receive your prize. You can either have 1 million in cash now, or you can have 1.2 million that is paid out as follows: $300,000 now, $300,000 in one year's time, $300,000 in two years' ..
Explain how the nominal dollar/euro exchange rate would be affected (all else equal) by permanent changes in the expected rate of real depreciation of the dollar against the euro.
How was Malthus's view different from Keynes? How was the period during which he was writing affect this comparison? Does his feeling that the landed aristocracy should be promoted also affect this comparison?"
Explain how inflation affects consumption in a cash in advance model (with transfers). What causes this to happen and explain how a government collects revenue via seigniorage
d) Which input bundle represents efficient production of 100 units of output if the rental paid to capital is $25 and he wage paid to labor is $50? Round any decimals to the nearest hundredth. e) Derive the firm's cost function using the rental and..
Most macroeconomists believe it is a good thing that taxes act as automatic stabilizers and lower the size of the multiplier. However, a smaller multiplier means that the change in government purchases of goods and services, government transfers
Explain the role of adjustable-rate mortgages (ARMs) in exacerbating the financial crisis. Explain the Basel requirements and how banks got around the Basel accords, which limited the amount of mortgages and other risky assets that banks could hold..
1. a perfectly competitive industry has demand curve p 100 - .5q where q is total output produced. all firms in
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