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Problem -
Assume that the South African economy is currently in a short-run equilibrium with the actual unemployment rate above the natural rate of unemployment.
1. If the South African Reserve Bank wants to lower unemployment, what expansionary open-market operation should it use?
2. How will the open-market operation you identified in 1 affect real interest rates in the short run? Indicate and explain.
3. Given your answer in 2, what is the effect on real gross domestic product (GDP) in the short run? Indicate and explain.
If monetary authority wants to stimulate an economy in a recession, it often reduces interest rates, and if inflation rate is low, as it has been in the early part of current decade,
Could a future advance in technology allow product ion beyond the current production possibilities curve? Could international trade allow a country to consume beyond its current production possibilities curve?
If a local movie theater sells tickets at different prices (senior citizens versus young people, matinee versus evening prices) is the local movie theater a monopoly? What about the concession stand inside the theater?
Describe the lower price alter the marginal utility you originally placed on the item.
1. if the hhi for the widget industry is 1200 then the market structure isa. impossible to determineb. an oligopoly.c.
In a diagram that has the number of workers on the horizontal axis and the number of shoes on the vertical axis, the relationship between the number of workers and the number of shoes starts as ________ and then, after the maximum point, is ______..
Describe the probable impact of an increase in government spending assuming no change in taxes or private spending and less than full-employment output.
1. UNIX is highly portable. What is portability? What makes UNIX so portable? Why is portability so important? 2. Why do you suppose professional programmers find the consistency and elegance of UNIX so appealing?
Antitrust authorities at the Federal Trade Commission are reviewing your company’s recent merger with a rival firm. The FTC is concerned that the merger of the two rival firms in the same market will increase market power. A hearing is scheduled for ..
What should be the role of the tax of accountant in the organization decision making process.
Would you be able to solve a timed(3 hrs) online exam for me in macroeconomics and guarantee accuracy? It focuses on The Aggregate Expenditure Model, Using the Aggregate Demand - Aggregate Supply Model, Money and the Federal Reserve, and Monetary ..
Using the aggregate demand-aggregate supply model, explain how the depreciation of the US dollar in terms of foreign currencies would affect the economy.
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