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You have been hired as a consultant by your mayor to evaluate the increase in aggregate demand in the city where you live. Describe to the mayor one (1) aggregate demand and supply factor that would have the greatest impact on the economy of your city.
Explain how a decrease in aggregate demand affects each of the following variables:
inflation, unemployment rate, production, employment rate, and consumer confidence.
problem 1.a. use the spreadsheet to compute the net present value of the following series of cash flows assuming a
Assume that the Federal Reserve sells government securities from its existing holdings to financial sector and non bank public. Trace by the expected consequences of this secondary market action on banking system
Harriet tubman have felt like a different person after she crossed the border to a free state describe enslaved people were veiwed or treated by southerners and northerners.
A new contraption to help you eat yogurt easily while driving, autogurt, is now on the market. It costs Justin $2 in equipment per unit, and takes him approximately 6 min to make. Justin charges $20 per hour. Justin additionally pays an electricit..
Consider A monopolist that faces the constant elasticity demand curve y(p) = p^a where a 0.Also assume that the monopolist pays a quantity tax of t > 0.
If the CPI equaled 1.30 in 1990, 1.69 in 2000, and the nominal income of agricultural workers was $35,000 in 2000, what was the average nominal income of agricultural workers in 1990?
Find Total Revenue or profit
Describe (include an explanation of economic profit in your explanation). Will price be higher or lower under such the agreement in long-run equilibrium than would be the case if firms didn't collude? Discuss.
What is the slope of an engel curve for perfect substitute and perfect complement goods if price of good x is less than price of good y?
You've been appointed by an unprofitable firm to determine whether it should shut down its unprofitable operation.The firm currently employs 70 workers to produce 300 units of output per day.
Public administration can't exist outside of its political context. Describe how politics affects the policy making process and the delivery of governmental services.
Show the effects of a price ceiling and a price floor on a market. As for what happens with valuing is different than equilibrium, a rate Floor is Minimum wage where wage rate is bigger than the rate at equilibrium.
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