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What do you presume had happened to get the U.S. corporations and workers to take their eyes off of their own economic interest? It seems the "carrot" of cheaper prices were dangled in front of them, but they didn't perceive the "sucker punch" of occupational layoffs that was inevitable in its wake. After all, we did, and do have economists such as Alan Greenspan, and now Ben Bernanke, who watch economic trends and make known their predictions.
How could this have happened?
Answer must be original and does not have to be very long maybe 150 words or so
Use the model in the tax incidence application to determine the effect of a given change in the tax on widget, change in T, on the equilibrium quantity of widgets. How does your an
I''m trying to figure out what the effect would be on LM or IS curve, and additionally the interest rate and income if (a) the transactional demand for money increases, (b) the liq
ihave real gdp per capita for all countries in world .. how can i calculate world real gdp per capita by using the data.
WHAT IT MEAN
Perfect Competition. a. What does it mean for a market to be perfectly competitive? What are the three conditions of perfect competition. What does it mean for firms to be 'p
Assume that when an economy has a GDP of $500, Consumption is $550. The MPC is .75. Investment is 25. Begin the problem by setting up an Income/Consumption Schedule like the one on
what is gdp
Composition and Direction of Trade: The impact of trade reforms can be observed from the changing structure of India's foreign trade in terms of diversity of production
2.2 "Our business model works even if all internet software is free ....... We are still selling operating systems. What does Netscape''s business model look like? Not very good."
why and how is price level determined by the monetary sector in the classical model?
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