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Participate in a discussion with your classmates regarding where you see the U.S. economy in its business cycle right now, as based on the economic concepts in the textbook. Now that we learned that the real business cycle results from fluctuations in the pace of growth of labor productivity and potential GDP, discuss where our economy is positioned within its business cycle. Please apply the effects of aggregate supply and aggregate demand as explained in the textbook when sharing your discussion.
In the monetarist model
Do you think it is a good idea for the Russian government to take the measure of encouraging foreign carmakers to build factories in Russia.
Evaluate how their business environment is influenced by government economic policy which may be identified through your application of economic theory.
Why does an individual's demand curve normally slope down. Why does a market demand curve normally slope down. Why does a firm's supply curve normally slope up. Why does a market supply curve normally slope up.
Government policy has typically been driven by political ideology. Radical writers argue that the MNE is an instrument of imperialist domination, but the free market view argues that international production should be distributed among countries acco..
If consumers perceive several goods to be homogeneous, they believe the goods to be,
Suppose ABC were to use the caps as a promotion. How many caps could ABC give away free? At what price would no caps be sold? Calculate the price elasticity of demand at a price of $6?
Why Should we remove all barriers to immigration into the United States. What would be the outcome.
Consider a closed economy in which GDP equals $15 billion, consumption equals $9 billion, government purchases equal $2 billion, and tax revenue equals $1 billion. What is investment equal to in this economy? What is national saving equal to in this..
Explore how a firm determines the optimal scale of a plant for a given rate of output and why this determination relates to longer-run strategies versus current operations. Also, discuss the differences between economies of scale and economies of sco..
Identify also converse at least two arguments which support trade restrictions also two Once modest trade restrictions.
What is happening to the US trade balance in each of the following situations? Explain. a. Lower international trade barriers for imported products in the US b. Prices in the US decreases more than prices abroad c. Economic improvement starts in Cana..
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