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Illustrate the relationship between the savings, capital formation and consumption.
With the help of graph, describe how the economy returns to long-run equilibrium, with no government intervention.
Describe the marginal propensity to consume and explain why it is always less than one?
In which of the given circumstances is expansionary fiscal policy more probable to lead to a short-run increase in investment? Describe?
Now assume that the Bank of Canada doesn’t want the money supply to change. What would it require to do to sterilize its foreign exchange market operation?
Suppose that all the other banks hold just the required amount of reserves. If Nan Bank Inc. decides to decrease its reserves to only the required amount, by how much would the economy's money suppl
What will happen to the nominal GDP and the price level next year if the bank of Canada keeps the money supply steady?
For each case, illustrate what happens in a closed economy and in a small open economy. Describe your answers with diagrams.
Find out the opportunity cost of making a car in Canada? Determine the opportunity cost of producing a tonne of wheat in the Canada? Describe the relationship between the opportunity costs of the tw
Graph the production possibilities frontier of the economies of Canadian and South Korean.
The international transactions for the country Kyleland for a particular year are reported in the table shown below.
Assume that the exchange rate between the Canadian dollar and the Euro is 2 Euros per Canadian dollar.
Where would you purchase the laptop computer if the exchange rate among the Canadian dollar and the U.S. dollar is U.S. $0.80 per Canadian dollar?
Now suppose that Mickey Mouse becomes a mean-spirited authoritarian dictator. His income is $99,996. Each of the other characters receives $1. Explain what this income distribution would appear like
Make three and four period moving average forecasts and calculate MSA for each. Which gives better forecast? What would be the prediction for week 11?
Generally there are cheaper prices for matinee performances than the evening performances. Explain why?
The advent of one man bus comprised more capital equipment: An automatically operated coin box and door control device - to name two of the capital goods which replaced the conductor.
You wished to accomplish full employment at the highest possible wage.
If investment tax credits granted earlier are either repealed or removed, what impact will the repeal have on the exporting of jobs to foreign countries? Describe by using isoquant or icocost theory
Describe the given statement: In a competitive market the least-cost production methods are revealed by entry and exit, whereas in public utility regulation they are revealed through commission rate
Describe the Average Variable Cost (or AVC) at a production level of 10?
In the interest of conservation it has frequently been argued that there should be government regulation of the extraction of natural resources like timber and government regulation to protect the
The arc cross-price elasticity of the demand for rye bread.
Furthermore, airlines charge lower fares to those who book seats well ahead of time than those who wait till the last minute. Are these all illustrations of price discrimination?
Evidence of sex discrimination lies in the fact that median annual earnings of women are just 59 % of male earnings.