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Q. The news headlines during late 2012 and early 2013 were predominantly encompassed by the numerous deliberations between the President of the United States of America and the United States congress regarding how to deal with the economic situations in front of the USA. The unremitting debates concentrated on situations which included the USA's fiscal cliff, debt ceiling and the continuing Resolution for the Federal Government. Thus, while referring these economic situations and the economic principles and terminology describes in the textbook (foundation of Macroeconomics) , explain the difference between Macroeconomics and Microeconomics. Also explain how economics is used as a social science and as a policy tool.
Explain how the Typical Firm also Industry Delivery also Demand to analyze the impact of this tax.
explain how governments can contribute, or discourage long run growth through their policies and institutions.
Elucidate the effects of an increase in business investment on the short-run macroeconomic equilibrium.
Construct a market basket using a graph. calculate the price index based on the basket. Decide quantity and estimate current prices for each product.
Describe how the system converges to its new equilibrium. What happens to the equilibrium wage in the long run? What happens to the equilibrium population size in the long run?
q. if the price elasticity of demand is 1.5 and a firm raises its price by 20 percent the quantity sold by the firm
with the aid of a diagram explain how a floating exchange rate is determined. Explain how will a depreciation of the rand influence our exports and imports.
Assuming no change in demand, will the Fed need to increase or decrease the supply of Federal funds? By how much will the quantity of Federal funds have to change for the equilibrium to occur at new target rate?
graph these events and evalute the magnitude of the reduction in wages for civilian workers as a whole. Do you concur with Professor Pessimist.
Given a sample of observations on yt and xt what is the most efficient estimator of mu? Is this estimator unbiased? What is its variance? What is the OLS estimator of mu?
which nation should the company locate its new plant so as to minimize costs per unit of output.
Adjust the benefit or cost curve or both to illustrate the private also social benefits also costs in the market for electricity.
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