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You are the chief economic adviser in a small open economy with a floating-exchange-rate system. Your boss, the president of the country, wishes to increase the level of output in the short run in order to win re-election.
a) Do you recommend using expansionary or contractionary, monetary or fiscal policy? (Choose one) Use the Mundell-Fleming model to illustrate graphically your proposed policy and explain why you chose fiscal or monetary policy.
b) What if your country has a fixed exchange rate, what is the only policy mix that can be implemented? Explain why and show in Mundell model.
(a) Will a monopolist's total revenue be larger with second-degree price discrimination when the batches on which it charges a uniform price are larger or smaller Why (b) How does a two-part tariff differ from bundling
describe the process of workflow analysis. provide an example of workflow analysis in your organization.your response
Graph the Engel curves for x and y - carefully labeling slopes and intercepts.
In your paper, compare and contrast how technology has helped build your business and personal relationships versus how technology has weakened those relationships.5.What can you and others do to use technology (including social media) to reduce a..
Give one business example for increasing returns to scale and decreasing returns to scale respectively. How does this characteristic affect its business strategies? Justify your arguments.
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Suppose the government imposes a price floor of $25, and agrees to purchases any and all units consumers do not buy at the floor price of $25 per unit (3 points) a. Determine the cost to the government of buying firms' unsold units. b. Compute the ..
The Kinked and the monopolist demand curves are the same
Find the revenue earned by each bakery. From that revenue subtract the bakery's variable cost and compute the firm's short run economic profit.
suppose youre trying to sell a company a new accounting system that will reduce costs by 10. instead of asking for a
Evaluate the role and the effectiveness of the Federal Reserve in stabilizing the current economy.
If a price taker raises its price above the market price,
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