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Q1. Assume that survey measures of consumer confidence indicate a wave of pessimism is sweeping the country. If policymakers do nothing, illustrate what will happen to aggregate demand? Illustrate what should the Fed do if it wants to stabilize aggregate demand? If the Fed does nothing, illustrate what might Congress do to stabilize aggregate demand?
Q2. The United State export a substantial amount of scrap I Jorge and steel to Japan and another country. Why do some U.S users of scrap I Jorge and steel support a prohibition on these exports?
Explain how has the recent natural disaster in Japan influenced the provider of Toyota automobiles.
Can you find a Nash equilibrium in pure strategies that is not efficient. In some legislatures, proposals for modifications of the law are formulated by committees.
What are the strength of the neoclassical models of labor supply and labor demand. What are the weakness of the neoclassical models of labor supply and labor demand.
Assuming oranges operate in a perfectly competitive market, use a well-labeled demand and supply model to explain how market equilibrium price of oranges is determined.
What happens to the profits of boat makers in short run. Illustrate what happens to the number of boat makers in the long run.
Calculate the total fixed costs, total variable costs, average fixed costs, average variable costs, average total costs, as well as marginal costs.
At present, the original manufacturer is deciding either they should continue production of toy truck.
What steps can a government take to ensure that sustainable development is always considered in assessing which major economic projects or investment proposals to accept.
Show how the answer depends on the shape as well as location of the supply as well as demand curves.
Suppose that the participation variable, voucher, is completely randomized in the sense that it is independent of both observed and unobserved factors that can affect the test score.
Representatives were to logroll (trade votes) to get their preferred policy to pass, what would be the result. What are the total benefits from each project.
Why does Michael Porter admonish companies will not change his competitive positioning any more regularly than once every four or five years.
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