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(Aggregate Demand and Supply) Determine whether each of the following would cause a shift of the aggregate demand curve, a shift of the aggregate supply curve, neither, or both. Which curve shifts, and in which direction? What happens to aggregate output and the price level in each case?
Explain the cultural, political, and economic reasons behind these policies also explain the methods governments use to promote and restrict international trade
Describe briefly the reasons why the following transactions would or would not be included in GNP and compare and contrast stabilization policy recommendations of monetarists and activists.
Assume that you test the Linder hypothesis by comparing Germany's absolute difference in per capita income from each of its trading.
Illustrate the steps comprised in pricing the television units in order to maximize total revenue.
Give a graphical representation of the trend in inflation and unemployment in terms of unemployment for the period 1983 - 2011. Comment outcome.
Comprising an evaluation of the impact of past and current fiscal policies, monetary policies, budget deficits or surpluses on the economy and on the airline industry industry.
Important information regarding Price Elasticity of Demand and Total Revenue
What are the issues surrounding the sovereignty of states and their governments' ability to regulate their economies? In what ways is economic globalization responsible? In what ways is it not responsible?
Barramundi Inc. stock is currently selling at $40 per share (its equilibrium price) provide that the risk free interest rate is 8% and the equilibrium risk premium on the market portfolio is 6%.
In the late 1990s a growing number of economists argued world policymakers were focusing too much on fighting inflation. Economists also argued the technical level of potential output had risen. Show their argument using the AS/AD model.
Suppose if the economy currently has a frictional unemployment rate of 2%, structural unemployment of 2%, seasonal unemployment of 0.5%, and cyclical unemployment of 2%, determine the natural rate of unemployment?
The key feature of the production function is that the marginal impact of capital per worker k = K/L on Y/L decreases as K/L increases.
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