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What impact will an unanticipated increase in the money supply have on the real interest rate, real output, and employment in the short run? How will expansionary monetary policy affect these factors in the long run? Explain.
Is stability in the general level of prices through time important? Why or why not? Should price stability be the goal of monetary policy? Explain your responses
Suppose that Natasha’s utility function is given byu(I) = 10I, where I represents annual income in thousands of dollars.
What are the equilibrium rent and number of rooms? If the college puts a rent ceiling on rooms of $650 a month, what is the rent and how many rooms are rented?
Licensure of physicians means that to some extent, the supply of physicians can be viewed as a vertical line. Explain what this means for the price of physician services. How might this change over time?
During the debate over NAFTA, opponents argue that given the relative size of the two economies, the income gains resulting from the agreement would be smaller for the United States than for Mexico.
1. comparing the different models of pure perfect competition and oligopoly what will be the effects or difference
Even though both monopolists and competitive firms follow the MC = MR rule in maximizing profits, there are differences in the economic outcomes because the pure competitor cannot make any economic profit.
chistorically shifts towards a more expansionary monetary policy have often been associated with increases in real output. can an expansion in the money supply increase real output and employment
research the university library and internet and select a recent news article concerning trends in consumption
you are the manager of a monopolistically competitive firm and your demand and cost functions are given by q 36 - 4p
suppose a third project will cost 20000. today and yield a return of 2500 a year indefinitely. what is the present
Describe a situation of incentive misalignment that you have personally observed (ideally in your personal work environment, but could also be in a relationship, in the consumer marketplace, in public policy, etc.) and generally describe a way to ..
alchem l is the price leader in the polyglue market. all 10 other manufacturers follower f firms sell polyglue at the
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