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Suppose that you are the chiefeconomic advisor to the president of the U.S. You are asked topropose a strategy to bring the economy out of recession. Your goalis to avoid inflation and yet bring the economy to full employmentas rapidly as possible. What will be your main strategy? Why?
Suppose the market for dollars is in equilibrium, then the expected future exchange rate rises. What effect does this have on the current exchange rate?
If the price of processor chips used in manufacturing personal computers decrease, what will happen in the market for personal computers How will the equilibrium price and equilibrium quantity of personal computers change
If the customer is rational explain how can use affect their economic decisions
Illustrate what do economist mean by this. How do they determine what the right amount of the good is.
What divergences arise in equilibrium output and efficient output when spillover benefits and costs are present? Provide some 'real-life' occurrences.
Genetically Modified Organisms have been hailed as the possible solution to famine. Are there any risks with GMOs If so, what are they What is the record of success of GMOs in terms of drought resistance, pest resistance, increased yields
Elucidate the academic curriculum and dicuss the challeges confronted by scholars of the following areas of specialisation.
Compute the point price elasticity of demand for bearing grease. Compute the optional price for bearing grease if marginal cost is $4.50 per unit.
Suppose that there is a cultural shift in America emphasizing the importance of saving money as opposed to current consumption. a.) Illustrate the impact on the interest rate in the market for loanable funds. What direction does the interest rate go?..
Suppose a product sold in a competitive market is subject to a government price control. Suppose the regulated price is less than the free market equilibrium price.
As per international political economics theory as a central part, I need to identify problems with organizing the international currency system.
Your new cyber cafe, Sips and Chips, will open in the next few weeks. You have hired A-1 Ads, an advertising agency to create the promotional materials for the grand opening. What would A-1 Ads need to know before creating the promotional material..
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