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The Great Recession
Explain what caused the Financial Crisis of 2007-2009.
Explain how in the economy could be self-regulating in the long-run and should recover from the Great Recession.
However, in Europe the Great Recession seems to continue because of excessive government debt and the European Central Bank's reluctance to buy government bonds. Explain.
Write a brief for the Central Banker of Ireland, outlining your recommendation on the interest rate that should be set at the next policy meeting.
You are told that the ratio of the actual output per worker of country j to the actual output per worker of country i is 0.3. You suspect that differences in savings rates (s) between the two countries may also explain the difference in the countr..
Polly's Pet Store on the Island of Atlantis has a local monopoly on the grooming of dogs. There are 1,000,000 citizens of the Island of Atlantis and 75% of them love and want dogs, but there are only enough dogs on the island for 25% of them to ha..
The demand for watermelons is highest during summer and lowest during winter. Yet watermelon values are normally not bigger in summer than in winter.
If the MPC = 0.94, C 0 = 45, I = 150, G = 125, T = 75, X = 50 & IM = 60: Write out the consumption function. Compute the simple multiplier.
Please explain what is meant by a budget deficit and what is the national debt. While many think these terms are synonymous, they are very different, please explain. What are the approximate values of each of these?
If a soybean grower for who price exceeds average total cost for a wide range of output is currently producing where Average Total Cost is at a minimum.
The year is 2007, and the price elasticity of driving on Dulles Toll Road is 1.6. The owners of Dulles Toll Road raise the cost of a one way trip to $8.50.
Why are these statements technically incorrect What would a supply and demand graph look like if it portrayed demand exceeding supply What does a commentator really mean when he or she says the demand for natural gas exceeds the supply
What would happen to the amount of economic investment made today if firms expected the future returns to such investment to be very low ?
At the profit-maximizing cost-minimizing level of output, average total cost is $1.90 per hamburger and average variable cost is $1.75 per hamburger.
Twenty years later, 2002, this account had increased to $265. However, the CPI increased to 186. What would be the value (purchasing power) of $265 in 2002?
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