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a. What have been the recent political issues facing the European Union of the last five to ten years?
b. What have been the recent economic issues facing the European Union of the last five to ten years?
c. Briefly describe the kind and degree of cultural challenges facing the unique experiment of the European Union.
You put money into an account. One year later you see that you have 5 percent more dollars and that your money will buy 6 percent more goods.
A forklift can be purchased for $30,000. The market value of the forklift decreases by 20% of the previous year’s value for 2 years, and then by 15% in years 3 through 10. Maintenance is $400 in years 1 and 2, and then jumps to $750 in year 3. After ..
A new health minister proposes to distribute an apple a day for free to every citizen. To be effective the legislation states that the free apples may not be traded or sold. Explain why this “no trade” policy would be inefficient.
Use an IS-LM diagram to illustrate Krugman's contention that fiscal policy is more effective as a macroeconomic policy tool when compared to monetary policy, given that the economy is in a liquidity trap.
Where is monetary policy stronger? In an open economy, changes in monetary policy affect both interest rates and exchange rates. Comparing the United States and Switzerland, in which country would monetary policy have a more significant effect on GDP..
Carefully explain, using graphs, the effects of the following shocks on rst period aggregate supply and aggregate demand in our two period macro model. For each shock, what happens to rst period consumption, rst period investment, rst period employme..
q1. what is the relationship between marginal cost and marginal revenue when single-price monopoly maximize profit?
Which of the following would NOT be associated with a favourable supply shock?
Net Worth on a bank's balance sheet is
Discuss the differences between unemployment and underemployment and give examples of each. Which do you think is a more serious “problem” for the economy? How might underemployment be addressed through government policy?
The US Department of Transportation has decided to invest in electric vehicles over the next 10 years. They will fund $0.5 million in year 1, $2 million in year 2, $3.5 million in year 3, $5 million in year 4 and $6.5 million each year thereafter. Gi..
Suppose people who are thinking about buying an existing home (demanders in the housing market) are current home owners who are thinking about selling their homes (i.e. suppliers in the housing market) suddenly believe that existing home prices are l..
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