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Question1. Determine which of the following theories of expectations holds that individuals usa all information available in forming expectations?
Question2. The only school of economics that could be construed as advocating big government are the :
Question3. Proponents of the monetarist approach to economic stabilzation think that the growth of the money supply should be equal to the:
4. A conclusion of the theory of rational expectations is that the impact of discretionary fiscal polices designed to shift the aggregate demand curve will:
Illustrate what is the basic objective of monetary policy. What are the strengths and weaknesses of monetary policy.
For this assignment you will write a 500- to 700-word memo evaluating two conflicting consultant reports. Your report should.
Show the area on the graph that would correspond to consumer's surplus earned by the typical boarder/skier with this payment scheme. Explain your answer briefly.
Illustrtae what does the agent choose if the terms are worse than actuarially fair.
P stands for price Pr stands for price of related good also N stands for per capita disposable income.
Discuss the upshot of this policy in terms of a new equilibrium. Is this policy likely to have a negative repercussion on the crime rate? Can you come up with an idea concerning a major drawback of this policy?
Assume that a company maximizes its total profits and has a marginal cost. Find the price at which the firm sells the product.
Assume the station plans to give the DVDs away. How many should it order. From which supplier.
Explain the differences among the long run and short run aggregate supply curves. Consider these differences and explain how an expansionary gap occurs.
Find out the price elasticity of demand regarding to the money price using "arc elasticity."
Discuss its current status. If possible, current a separate graph for each indicator illustrating the historic trend for each.
Describe the point price elasticity of demand. What is the new point price elasticity if price is raised.
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