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Inflation, unemployment, and the business cycle
Explanation of the following two bullet points:
Analyze the relationship among inflation, unemployment, and the business cycle
Assess the impact of inflation, unemployment, and the business cycle
Business Economics, Economics
In your opinion, if the government imposes unit sales tax (i.e. $ tax per unit sold) on a product, will the market equilibrium change? Which one, demand or supply will shift? Increase or decrease? Will new tax cause "dis ...
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C = 40+0.5×(Y - T) G=$215 billion, IP=$50 billion and T=$10 billion. Y=C+IP+G What is the equilibrium income level? Suppose that government purchases are reduced by $100 billion. What is the new equilibrium level of inco ...
Under the trade model with external economies of scale, is it possible for a country to be worse off with trade than it would have been without trade? Justify your answer.
An article in The Wall Street Journal noted that an" increase in the price of crude oil quickly reduces demand for oil". Do you agree with this statement? Briefly explain.
Use the standard normal distribution or the? t-distribution to construct a 90?% confidence interval for the population mean. Justify your decision. If neither distribution can be? used. In a recent? season, the populatio ...
Determine the sample size n needed to construct a 99?% confidence interval to estimate the population mean when σ=24 and the margin of error equals 9.
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