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Q. A stock market boom increases value of stocks held by households. Illustrate what kind of gap-inflationary or recessionary-will economy face after shock and illustrate what type of fiscal policies would help move economy back to potential output?
Q. A number of specific tax provisions passed Congress and were enacted into law in 2008. Assume that you were a prospective candidate for Congress in 2008. Write a brief essay describing changes and elucidating why y are good or bad.
Illustrate what are the net benefits of this program. What would the net benefits be at a discount reate of 2 percent.
Elucidate the most likely reason the city council in New York City consistently denies licenses to independent van drivers selling rides to the public.
What is the highest cost of migration that a worker is willing to incur and still make the move
Elucidate what impact on quantity demanded and supplied for cars will be if oil costs rise to $200 per barrel. Illustrate what about if extreme recessionary conditions prevail.
Illustrate what should the Fed do if it wants to stabilize aggregate demand.
Why would unemployment also job rationing the consequences of setting a minimum wage of 2 dollar every hour in this marketplace
Assume that over a range of prices, the price elasticity of demand varies, total revenue curve over these two ranges of the demand curve as price fall.
Little Kona is a small coffee company that is considering entering a marketplace dominated by Big Brew.
What role did Red cloud play in the factional splits that occurred in the late 1860s and 1870s.
Explicate Illustrate what will happen to output and the cost level play in this adjustment.
Illustrate what is approximately the maximum amount the rm is willing to pay to be allowed to use e more units of input x, for e small
Consider the general equilibrium model on local public goods that we discussed in class. We found that the optimal population size
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