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Concerned about the crowding-out effects of government borrowing on private investment spending, a candidate for president argues that the US should just print money to cover the government's budget deficit.
1. What are the advantages of this candidate's plan?
2. What are the disadvantages of this candidate's plan?
What is the productivity growth in this economy? If you had lacked information on growth in the quality of the labor force, and you had therefore assumed that labor quality was not changing (i.e., that h'= 0.0), how would your answer to part (c) ha..
Describe the price and quantity for maximum sales revenue and calculate the maximum revenue. Determine the price and quantity for minimum marginal costs and calculate the minimum marginal cost.
Clipit utilize this advantage to be the first to choose its profit-maximizing output level in the market.
Illustrate what does this have on the monetary base, the money supply, total deposits, and economic growth.
A) Draw a graph illustrating this monpsonistic scenario with employer discrimination. Note employment and wage for black players and for equally talented white players. B) Explain why in this scenario both the employer and black employees are worse..
An emissions fee is paid to the government, whereas an injurer, who issued and held liable, pays damages directly to the party harmed by an externality. What differences in the behavior of victims might you expect to arise under these two arrangem..
Assume the forex market equilibrium is given by i = ((i/E) - 1) + .1, where the two foreign return terms on the right are expected depreciation and the foreign interest rate. What is expected exchange rate? Solve for the IS curve: obtain an expres..
Assume an airline flying on the Charlotile - Chicago route has estimated the demand curves for three different types of customers: business
The short run supply curve for an orange producer in Florida is P=.001Q, where Q is bushels of oranges produced in a year. The market value of a bushel of oranges is $20 a bushel.
Choose five innovations associated with the Industrial Revolution and five innovations from the Technological Revolution. For each innovation, identify the effects it had on individuals, societies, businesses, and politics.
Economists says as if economic growth is necessarily a good thing, many question the sustainability and even the morality of ever increasing economic growth.
Describe the need for federal government interventions in these crisis.
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