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Briefly explain the dynamics of the 2007 financial crisis in terms of adverse selection and moral hazard.
factors that causes the shifts in balance of payments
assuming that B=0.33 Y1998=[0.33]Y1998 Estimate the permanent income for 1998
economic indicators graph
What is the meaning of Capital - Gross domestic product By capital we characteristically mean manufactured goods which are used to produce other goods and services though are
State the macroeconomic policy The view that macroeconomic policy must only focus on supply-side performance of economy and should ignore management of the demand side is an ex
Explain, using the best framework you can think of (based on our class discussion), the effect of a large federal deficit on interest rates.
What is the size of the labor force if the unemployment rate is 6%, the population is 300 million, and the number unemployed is 6 million
Is the natural rate of unemployment fixed? Why or why not? How are full employment and the natural rate of unemployment related? Is the actual rate of unemployment currently greate
Explain the trade-off between equity and efficiency. Identify how individuals and organizations are likely to change their behavior as a result of government actions.
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