Question: During the Great Recession, like any other economic downturns, as unemployment rises, aggregate income declines causing a major decline in tax collections. On the other hand, with the rise in unemployment, spen ...
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Question: Explain why the net export effect of a contrac- tionary monetary policy reinforces the usual impact that monetary policy has on equilibrium real GDP per year in the short run. The response must be typed, single ...
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Question: Use the Internet to search for an example of an enthymeme in the media (e.g., Internet, television, radio, newspapers, etc.). • You may find an op-ed, political piece, advertising, et cetera. • Identify the imp ...
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Question: You've invested $10,000 in a portable bratwurst stand, giving up the 8% rate of return you could have earned had you invested that money elsewhere. Last year you sold 1600 brats at $3 each; the meat, buns, and ...
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Question: As a manager, one of your responsibilities is to monitor recent changes in inflation. However, the recent statistics appear to be quite confusing. The CPI rose only 0.1%, but the PPI for finished goods increase ...
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Question: What information could be lost if a firm were to buy a supplier of its intermediate goods and incorporate that firm into its existing operating structure? The response must be typed, single spaced, must be in t ...
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Question: Suppose the country of Nepal, a small open economy can be described by the following equations: Y = C + I + G + NX Y = 5000 G = 1000 T = 1000 C = 250 + 0.75(Y - T) I = 1000 - 50r NX = 500 - 500e r = r* = 5 (a) ...
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Question: Draw a circular flow model showing how specific resources are exchanged in EACH of two scenarios below: 1) Microeconomic Scenario: show how the Circular Flow model works in your personal life. You are the House ...
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Question: You can buy a crane for $100,000 that will bring an annual income of $20,000 in year-0 dollars. The service life of the equipment is 10 years and it will be depreciated using straight line method with a salvage ...
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Question: Use the spreadsheet on Ricardian equivalence with three periods and assume that - the government spendings are 100, 150 and 150; - households' salary is 300 in each period. Also assume that households preper sm ...
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