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“Attempts to stimulate an economy with expansionary monetary policy will lead only to a loss of some of the country’s international reserves and to no permanent change in income under a fixed-rate system.” Agree? Disagree? Explain.
What is the velocity of money in initial long-run equilibrium - Now suppose a supply shock moves the short-run aggregate supply curve to P = 1.5 (still horizontal). What is the new short-run equilibrium
As the manager of monopoly, you face potential government regulation. Findout the monopoly price and output.
The intercepts made by a plane made on the coordinate axes are in the ratio 2:3:4. If the plane passes through(5,0,-2), find the equation of the plane.
If the price of a one bedroom apartment in Washington DC is currently $1000.00 per month is there a shortage or surplus of apartments if the equilibrium point is price $1100.00 and quantity of apartments is 100,000?
The economy will contract or shrink if leakages exceed injections. Are you agree with this statement.
Elucidate how the circular flow diagram also explain the interaction of households, government, and business.
The anticipated income from the project is $34,000 a year with $14,400 of that amount being variable cost. There is also a fixed cost for maintenance every 2 years (yr 2, yr 4, yr 6) of $10,000. If the company's RRR is 10%, should they purchase th..
What is NDP, Net exports, Govt. taxes minus transfers and disposable personal income Personal Saving
a. Assuming capital costs $3 per unit and labor costs $1 per unit, which process will be employed? b. Plot the three points on the firm's TVC curve corresponding to q = 10, q = 30, and q = 50.
Critically discuss the strengths and weaknesses of using per capita national income (even once adjusted for purchasing power parity) as a measure of welfare. Discuss at least two alternative measures of national welfare that have been put forward? ..
1. Calculate how the spot exchange rate will adjust towards equilibrium, given that everything else stays constant. 2. Explain the mechanism that leads the market towards the equilibrium? 3. Graph this market and the adjustment towards equilibrium
The demand of a commodity is 20 units when the prevailing market price is $80 per unit. However the price per unit rises to $100 the quantity demanded rises to 50 units.
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