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What is classical dichotomy?
a. It is the separation of variables that move with the business cycle and variables that do not.
b. It is the separation of changes in money and changes in government expenditures.
c. It is the separation of endogenous and exogenous variables.
d. It is the separation of real and nominal variables.
Compute the percentage that alter in quantity demanded of plane rides and train rides.
what he has learned to estimate the demand for ice cream in his father's parlor during his summer vacation. Using regression analysis.
State two economic principles of taxation and which principle best justifies the excise tax on gasoline, when the tax revenue is used to maintain or improve the roads.
q. suppose that the federal reserve lowers the required reserve ratio from 0.10 to 0.05. how does this affect the
Explain how will the level of the velocity of money change if there is a permanent (one time) increase in the nominal interest rate, holding other factors constant.
If the market is made up of 100 individuals with demand curves identical to Mr. Smith's, Illustrate what will be the point also arc elasticity for the conditions specified in parts a also b
The organization where you work is expanding into the global market by opening an office in China. What are some potential ethical and social issues that may arise as the company expands into this new area? Can these issues be avoided or mitigated?..
q1. supply and demand for good are given as follows p 1000 - 1.5qd p 60 2.5qsillustrate what is equilibrium quantity?
In an effort to provide tax relief for households while still balancing the budget, Congress votes to raise business taxes and decrease personal taxes.
Which curve shifts, if any, and in which direction. Elucidate the effect on equilibrium price and quantity for minivans.
According to comparative advantage, in which industries would you recommend the country to specialize. Has the country specialized in your suggested industries.
What are the factors which led M&S to internationalize
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