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What is the size of the GDP gap? (assuming that equilibrium real GDP is $800 billion, potential real GDP is $900 billion, the MPC is 0.8 and the MPI is 0.40)
Fierce storms in October 2004 caused Tomato Fest Organic Heirlooms Farm to end its tomato harvest two weeks early. According to Gary Ibsen, a partner in this small business (Carolyn said, "Tomatoes in Trouble," San Francisco Chronicle, October 29,..
Please describe in detail that the Federal Reserve's Interest Rate Policy and Economic Recovery. If you give information from somewhere else please give me the reference so that I can dig deeper to better understand.
Think the market for new, single family house in Miami. The general demand function for new housing in Miami is anticipated to be Qd =15 - 2P + 0.05M + 0.10R,
Explain the economic situation in the UAE based on the article. Summarize the articles with your own words
All firms in a Cournot monopolistically competitive industry have the same cost function C(q) = 25 +10q. Calculate the equilibrium price, firm output, total output and number of firms in the industry.
Suppose that the software market currently has one firm operating -Microhard. What contract should be writen between the bank and Newvel?
About 30 US localities circulate their own currency with names such as "Ithaca Hours" and Dillo Hours." Doing so is perfectly legal
Assume that the following information about the economy is correct. The potential GDP is 3 percent. Real GDP has fallen at a minus two percent rate in the last 12 months.
The Wall Street Journal reported that Juniper Networks, Inc.-a maker of company network equipment-plans to offer its more than 1,000 employees the opportunity to reprice their stock options. Juniper's announcement comes at a time.
What is business cycle? Describe the four phases of the business cycle. Where on the business cycle do you think the U.S. economy is today?
List the various causes of inflation and determine if they are an injection or a leakage. Justify why you selected injection or leakage.
Describe the lower price alter the marginal utility you originally placed on the item.
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