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1. Suppose we have 2 countries - Gold Coast and Silver
1. Suppose we have 2 countries - Gold Coast and Silver Coast. The following table represents the nominal GDPs of both countries between 2008 and 2010. (For both countries, the base year is 2007.)a. Co… read more
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3. For each of the following scenarios, use a well-labeled
3. For each of the following scenarios, use a well-labeled diagram of the supply and demand for saving and investment to analyze the effects on the real interest rate, equilibrium national savings, an… read more
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A few macroeconomic questions this is a study guide for my
A few macroeconomic questions this is a study guide for my HS final in a few weeks. Thanks! 1. GDP measures underestimate the value of output produced by an economy because they include services not t… read more
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For PDtax only: Hi pdtax, can you please help me with a few
For PDtax only: Hi pdtax, can you please help me with a few questions in macroeconomics? 1) The Economy cannot be considered fully employed unless the measured unemployment rate is below 1%. Agree or … read more
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Part I In the early part of the last decade, there was an
Part I In the early part of the last decade, there was an overproduction of coffee. The price dropped so low that producers' costs were higher than the market price. The reason this happened was that … read more
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Between mid-2008 and mid 2009 measured RGDP in the economy
1. Between mid 2008 and mid 2009 measured RGDP in the economy fell by 3.8% as the US economy sank into a recession. Over that same time period total employment in terms of hours worked declined by 7% … read more
Expert
Expert
21) Expansionary fiscal policy is so named because it A.
21) Expansionary fiscal policy is so named because it A. involves an expansion of the nation's money supply B. can only be attained by expanding government consumption C. is aimed at achieving greater… read more
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1. A recession is often considered to be: (Points : 2)
1. A recession is often considered to be: (Points : 2) an economic downturn that persists for more than two consecutive quarters of the year. an economic downturn that persists for more than four cons… read more
Ellen
Ellen
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In the clothing market, production costs have fallen
I have timed homework. 30 questions. Economics 561 course. 1) Suppose that in the clothing market, production costs have fallen, but the equilibrium price and quantity purchased have both increased. B… read more
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Ellen
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Real GDP increased 5% last year; the current unemployment rate
Real GDP increased 5% last year; the current unemployment rate is 6%; the current inflation rate is 2%; The Fed plans to continue to pursue an active expansionary monetary policy for the next three ye… read more
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11. U.S. government debt as a percentage of GDP has been: (Points
11. U.S. government debt as a percentage of GDP has been: (Points : 5) falling steadily since World War II. increasing steadily since World War II. fluctuating since World War II. unchanged since Worl… read more
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Ellen
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21) Expansionary fiscal policy is so named because it A.
21) Expansionary fiscal policy is so named because it A. involves an expansion of the nation's money supply B. can only be attained by expanding government consumption C. is aimed at achieving greater… read more
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11) Price is constant or given to the individual firm selling
11) Price is constant or given to the individual firm selling in a purely competitive market because A. the firm's demand curve is downward sloping B. of product differentiation reinforced by extensiv… read more
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An improvement in business expectations will cause a
An improvement in business expectations will cause a: a. Rightward shift in AD. b. Rightward shift in AS. c. Leftward shift in AD. d. Leftward shift in AS. Which of the following policies is a supply-… read more
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Focusing on corporate bonds in this class because these are
Focusing on corporate bonds in this class because these are most frequently encountered in financial accounting for business enterprises. Corporate bonds generally represent long term debt with terms … read more
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Gross Domestic Product equals the (Points 1) total
Gross Domestic Product equals the (Points: 1) total output of all goods and services produced by resources located in the U.S. market value of all goods and services produced by resources located in t… read more
getsetgo
getsetgo
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The Classical model is based on the assumption that
The Classical model is based on the assumption that: a. prices, wages, and interest rates are flexible. b. an increase in demand creates an equal increase in supply. c. a market economy, if left alone… read more
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1.The economys investment demand curve shows the inverse relationship
1.The economy's investment demand curve shows the inverse relationship between the quantity of investment demanded and the market interest rate, other things held constant. True/False? 2.An increase i… read more
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getsetgo
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