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What are the long-run macroeconomic goals? What is long-run macroeconomic equilibrium? How the goals are relate to the macroeconomic equilibrium?
Suppose that consumers and investors become pessimistic about the future health of the economy. What will happen to aggregate demand and to output?
Assuming the population is roughly symmetric construct a 95% confidence interval for the mean annual consumption of alcoholic beverages by European young women.
Illustrtae what are the nominal rates of interest for both the United States and the euro area?
Since the US gov't was running a budget deficit at the time, assume that the war was financed by gov't borrowing. How does the equilibrium interest rate and private investment change in response to gov't expenditure on the war?
the following data are available for output q and long run total cost ltc for a firm. using appropriate calculations
P stands for price Pr stands for price of related good also N stands for per capita disposable income.
Utilizing an appropriate diagram, show and explain briefly how a rise in the minimum wage could result in higher employment
Suppose that management and labor are bargaining over the distribution of excess profits amounting to $200 per worker. Suppose that failure to reach an agreement an agreement reduces management's share of the surplus by 5 percent per round and reduce..
Based on the Federal Housing Finance Agency house price index, United States housing prices declined throughout 2008 and 2009.
Define the US Bureau of Labor Statistics official unemployment rate and briefly explain major shortcomings of the official unemployment rate.
Think about the trade off in work and leisure during a given day, and from day to day. During a given day, does opportunity cost of work rise, decline, or remain constant with each additional hour of work?
Suppose that a market basket of two goods is changed by adding more to one of the goods and subtracting one unit from the other.
How is duration related to the interest elasticity of a fixed-income security? What is the relationship between duration and the price of the fixed-income security?
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