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Please write in some detail on all of the followings:
1. Please distinguish between the Keynesian and Classical views about the correction of problems that arise from business cycle.
2. Please define MPC and MPS.
3. Please define spending multiplier. What is its significance in fiscal policy discussion?
4. Say, the economy needs $8 bn spending to get out of recession. MPC for the economy is 0.8. What is the multiplier? How much should be the increase in Government spending?
5. What is loanable fund market about? Show it in graph.
q.in 2012 balnur taught music and earned 20000. she also earned 4000 by renting out her basement. on january 1 2013 she
What is the expected profit of simultaneously pursuing both programs.
Suppose that a monopolist sells a product to consumers with an aggregate demand that is downward sloping in quantity, D(Q) = 200 - 2Q. The total cost of producing Q units is C(Q) = 20Q + 2Q2. What price-quantity pair would we expect? What is deadweig..
Explain the dual objectives of the Federal Reserve when dictating that nation’s money supply. Given these, explain whether the Federal Reserve has been successful in achieving the objectives over the last 15 years.
Suppose that the demand curve for cigarettes is given by Qd = 50 ? P and the supply curve is given by Qs = P. The government wants to raise $300 in revenues by taxing the cigarette market. Calculate the amount of the excise tax required to accomplish..
Explain how event causes the bond market to move from initial equilibrium, E1, to final equilibrium, E2. (3) What happens to bond prices and interest rates in going from E1 to E2?
Explain with graph what happens to aggregate demand curve, and/or aggregate supply curve for the following situations: Consumers expect the price of the good to rise in the future.
Merit goods have received considerable attention. Can concerts and other publicly provided services be rationalized using these ideas.
for example, after you explain opportunity cost in your own words, you can give the example like, “after you graduate with a BA/BS, the opportunity cost to go on to the graduate school is your work experience and salary.)
The following figure plots the average farm prices of potatoes in the United States for the years 1989 to 1998 versus the annual per capita consumption. Each point represents the price and quantity data for a given year. Explain whether simply drawin..
In the market for foreign-currency exchange in the open-economy macroeconomic model, which of the following does the amount of net capital outflow represent?
You sign a security agreement that describes the collateral. The bank does not file a financing statement. Has the banks security interest attached? If so, when?
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