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Policy makers have come to recognize that price stability should be a, long-run goal of monetary policy because a. Price stability is actually not the long-run goal of monetary policy; it is a short-run goal. b. it keeps the public guessing, which makes the conduct of monetary policy much easier. c. short-run inflation targets won't work due to the economy's self-correcting mechanism, and could generate business cycle volatility. d. Price stability is not the goal of monetary policy, it is money-supply stability.
Terrorist attacks foster instability and may affect productivity over the short and long term. Do you think the September 11, 2001, terrorist attacks on the World Trade Center and the Pentagon affected short- or long-term productivity in the United S..
Do opportunity cost play a role in people's decision to specialize in certain activities. What describe the price at which trade takes place.
She tells her friend that the additional utility she would get from the second pair of sneakers is the same as the additional utility she would get from the fifth sweater.
Describe the main conflict between the sioux and the U.S. What was the culmination of these issues? What was the fate of the sioux? What is the turner thesis? How do differing theories oppose it? Describe how certain tribe’s resisted and ensured thei..
Use examples both numerical and explanations to make your case. Give an example of a real world situation where two or more firms in a certain industry would be better off if they came together and behaved like a monopoly.
Assume that Densa Inc. falls 10 percent short of producing the profit maximizing output. Would a higher product price lead to greater output
Illustrate what salary would be required for the soldiers to be as well off as with the allowance.
q.assume that you live in a simple economy in which only three goods are produced and traded fish fruit and meat.
A current account balance-of-payments surplus implies an
Explain, in your own words, what a "store within a store" is. Provide 3 situations where this could work. Explain the logic behind your decisions.
Suppose that velocity is constant at 9, but the nominal money supply increases from $1.5 to $1.8 trillion. What must happen to nominal output? Suppose further that real output is constant at 13.5 trillion “units”: what must happen to the price level?
Congress is considering legislation that will provide additional investment tax credits to existing businesses. Effectively, an investment tax credit reduces the cost to firms using captial in production. Would you expect labor unions to lobby for or..
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