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Will the Euro survives?
1. Why are Greece, Ireland, Italy, Portugal, and Spain sometimes referred to as the euros zones "peripheral countries"?
2. Why did the European commission bail out banks in Ireland and Greece? Why not let them default?
3. Investors demand that Portugal's José Socrates and other leaders make big spending cuts. However Socrates and other socialist prime ministers would prefer to generate economic growth via government, spending does this make Socrates, Zapatero, like minded leaders Keynesians? Or are they following Hayek's principles?
4. Why do citizens in France, Great Britain, and elsewhere stage protests when the government imposes austerity measures.
What happens to the extraction path if the choke price falls
For retirement planning, you decided to deposit $1,000 per month and increase your deposit by $100 per month. How much will you have at the end of 10 years if the bank pays 3% annu
what causes a shift in the balance of payment?
unplandned change in inventory are coutned as investment spending by firms
Which of the following is a reason why the aggregate demand curve slopes downward? a. At a higher price level, fewer goods and services are available. b. Periods when the price lev
Whenever real GDP declines, nominal GDP must also decline
describe national income
suppose that a persons wealth is kshs. 50,000 and her yearly income is kshs. 60,000. suppose further that her money demand function is given by Md = y(0.35-i) where i= interest
A cupcake store is located in a mall and is the only cupcake store in that mall. The demand schedule for cupcakes (per dozen) is given in the table below. If the marginal cost to p
Money is anything which is acceptable in settlement of a debt. But, paradoxically, the main asset used to settle debts in modern economies is other debts. After all, bank deposits
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