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a discuss the 3 ranges of aggregate supply curveb explain the factors that shifts aggregate supply
suppose germanys economy is at full employment and that the populist right anti-europe anti-euro anti-nato front
if households decide to save a larger portion of their income what effect would this have on the output employment and
calculate the equilibrium aggregate expenditure and equilibrium income of an open economy with the following
a bank has the following deposits andnbspassetscheckablenbspdepositsnbsp280savingsnbspdeposits1300small
suppose a utility function is of the general form ux y where x and y are two goods consumeda in words and
how does a government budget deficit affect the economy identify two periods in recent history in which the united
the following table illustrates the production capabilities of ohio and michigan the two states each have the ability
price quotes and pricing decisions applied problemsplease complete the following two applied problems problem 1 jessica
jane has a utility function for two goods x and y is uxy min x12y the price of each good is 1 and her income is 12a
1 explain the main arguments in favor of economic stabilization during recessions explain why policy lags could make
suppose that tom has a utility function for two goodsx and y is uxy4x5ythe price of x is 10 per unit and the price of y
suppose a utility function is of the general formu xy where x and y are two goods consumeda consider an indifference
q1 suppose that there is a natural disaster that destroys part of the nations capital stocka determine the effects on
the price elasticity of demand for gasoline is estimated by some researchers to be -002 approximately what percentage
assume that you hit the 5 million jackpot in the pa lottery which promise you a payment of 1 million every year for the
in the global market for oilnbspprices per barrel have declined from highs of 115barrel in winter 2014 to less than 30
a firm has 35 millionin sales a lerner index of 067 and a marginal cost of 50 and competesagainst 800 other firms in
in each of the following examples identify whether the person is counted in the official labor force or notare the
why did the attempt to cartelize the oil market fail do you think it would work for alternative
suppose theres a country where the velocity of money is constantreal gdp grows by 6 percent per year the money stock
if the price elasticity of demand of a product is -5 and the income elasticity of demand for the product is 25 if a 05
the following table depicts the weekly demand and supply of office visits at a local childrens clinic staffed by four
joe enjoys fishing and goes out about 20 times per year one-day his wife sarah told him that fishing is simply too
in each of the following examples identify whether the individual is experiencingnbspcyclical unemployment frictional