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What is the difference between gross private domestic in- vestment and net private domestic investment? If you were to determine net domestic product (NDP) through the ex- penditures approach, which of these two measures of investment spending would be appropriate?
Illustrate what special problems are faced by eastern european economies as they make the transition from central planning to competitive markets.
If people expected that a tax cut was temporary, then this fiscal policy's effect on the economy will tend to be, When the federal government uses taxation and spending actions to stimulate the economy it is conducting,What combination would most li..
Illustrate what factors might explain closer than expected correlation observed.
Estimate the own price-elasticity of demand.
Suppose at current factor prices a country's manufactures use 60 hours of labor for each acre of land and food is produced using only fifteen hours of labor per acre of land. If the economy's total resources are 1800 hours of labor and 180 acres o..
Explain how would you respond to this question. Explain how might the bank tie in the concept of utility maximization into the campaign.
Elucidate three arious ways in which the Federal Reserve would change the money supply.
Write an equation that expresses the money supply multiplier (for M1) in terms of its three determinants.
Use the following data for a pure monopoly to calculate the firm's-its profit-maximizing output level and produce price;
If there is a recessionary gap in the short run, then in the long run a new equilibrium arises when input prices and expectations adjust downward,
Disscuss the contrasting views of the Keynesians and the monetarists with regard to an appropriate.
Describe how each of the following will affect the market for crude oil. Make sure you highlight whether supply or demand is affected and whether value will increase or decrease.
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