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Problem: How is China's financial system is related to key macroeconomics variables? Describe your answer and give examples.
Macroeconomics, Economics
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Question - Analyze what economists mean when they say that monetary policy can exhibit cyclical asymmetry. How does the idea of a liquidity trap relate to cyclical asymmetry? Why is this possibility of a liquidity trap s ...
Question: Firms producing different products have (some) ability to set prices for their products. What are some factors which allow firms to attain these monopoly profits (sometimes called monopoly power or monopoly ren ...
Question: Assume an economy is described by the following economic parameters: C = 0.8YD YD = Y + TR - tY TR = 100 t = 0.3 I = 1000 - 65i G = 600 L = 0.25Y - 75i M/P = 600 What is the equation that describes the IS curve ...
Question: At the farmer's market in Irvine, California, the price of avocados is set at $3 each. At that price, 120 avocados are supplied but only 100 are purchased. Represent this on a supply and demand graph and answer ...
Question: The price of CDs is $15 and the price of pizzas is $10. Derek spends all of his income buying 2 CDs and 6 pizzas per week (and nothing else). Determine Derek's income, draw his budget line and represent his uti ...
Question - Suppose either computers or televisions can be assembled with the following labor inputs: Units produced 1 2 3 4 5 6 7 8 9 10 Total labor used 3 7 12 15 25 33 42 54 70 90 The following production possibility c ...
Question: PepsiCo produces both a cola and a major brand of potato chips. Coca-Cola produces only drinks. When might it make sense for PepsiCo to divest its potato chip operations? For Coca-Cola to begin manufacturing sn ...
Question - Binyavanga Wainaina and William Easterly each wrote some satirical content regarding how western authors tend to write about Africa. (Easterly writes about the poor more generally, but much of his work is focu ...
Question - You have a full-time job but you decide to go to a college and be a full-time student. What is your total economic cost to be a full-time student? Provide and discuss two items of explicit cost and two items o ...
Question: Suppose that there is a natural disaster that destroys part of the nation's capital stock. A) Determine the effects on aggregate output, consumption, employment, and the real wage, with reference to income and ...
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