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Elucidate intuitively Illustrate what might cause the marginal product of labor to become negative.
A industry has the following cost data. Illustrate what are the FC, ATC, AFC, AVC also MC at these output levels.
Suppose UM sells student tickets to football games for $6 every, but you must wait in line for a half-hour to obtain a ticket.
Illustrate what is the cost of production associated to L* also K*. In a graph depict the iso - quant for Q0 also the isocost associated to the solution in part a). Remember to put the intercepts al
Suppose the federal government institutes a minimum wage for unskilled labor. Explain how do you compare the original cost.
Assessment of the degree of difficulty associated with measuring marginal revenue product for automobile mechanic also college professor.
Illustrate what policy rule do monetarists believe the Federal Reserve should follow also illustrate what are the major assumptions underlying this policy prescription.
If excessively rapid growth in the money supply is associated with all inflationary episodes, Elucidate why do central banks ever allow the money supply to increase so rapidly.
Illustrate what are those key objectives also illustrate what are the key tools the Fed plans to use to achieve those objectives.
Illustrate what possible macroeconomic arguments might President Obama use to defend his $787 billion fiscal stimulus package as a part of his economic recovery plans.
the grounds which the spending was too large under government financing to balance the growing budget deficit also debt which might threaten future stability of the country.
Elucidate why do you think the critics were so concerned which this stimulus package might be bad economic policy, not just for the US, but for the world economy.
The peak occurred in which yr. The trough occurred in which yr. Explain how long was the expansion. Explain how long was the contraction.
Elucidate why the value of intermediate goods produced also sold during the yr are not included separately as part of GDP, but intermediate goods produced also not sold are included separately as pa
Use the data below to find out the growth of income per person (over the entire period, not an annual basis) between the two yrs listed.
Elucidate why the short-run aggregate supply curve is not vertical, but the long-run aggregate supply curve is vertical.
In the national income accounting identity explain how the equality between national saving also investment, Illustrate what is the representation of private saving
Nancy buys a house in 2000. He obtains a fixed 10% mortgage interest rate also makes payments of $1,000 per month.
Elucidate why do wage increases along with increases of other input prices impact the short-run aggregate supply but not the long-run aggregate supply, unless they reflect permanent reductions in th
Suppose the economy is initially in the long-run equilibrium. Graphically illustrate the short-run effects of an increase in wages. Illustrate what happens to the price level also level of real GDP.
Explain how the economy returns to long-run equilibrium, with no government intervention. Consider an economy where economists have estimated which last yr's real GDP was $800 billion, equal to pot
ccording the to monetary misperceptions theory illustrate what should have happened to output if the inflation rate fell relative to Illustrate what people expected.
Compute average propensity to consume also marginal propensity to consume. Illustrate what is the marginal propensity to consume also elucidate why is always less than one.
Suppose which a scientific breakthrough leads to the discovery of a new cheap source of energy. Illustrate what would be the effect of this invention in the short-run also in the long-run.