![The government approves an anti-trust law that improves market competition by regulating anti-competitive conduct by companies. 3. a. b. c. d. How does this measure affect nominal wages and real wages in the short run? [3p] Explain how income, interest rate and price level have changed in the short run equilibrium. [4pl Explain the adjustment process from the short-run to the medium-run equilibrium. [4p] Does the capital and labor share of income change after the antitrust law approval? Justify your answer.](http://img.homeworklib.com/questions/83b1ac30-6fee-11ea-a2eb-59168231c0cf.png?x-oss-process=image/resize,w_560)
PLEASE ANSWER ALL THE POINTS AND JUSTIFY THE ANSWER CLEARLY THANKS
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PLEASE ANSWER ALL THE POINTS AND JUSTIFY THE ANSWER CLEARLY
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The government approves an anti-trust...
PLEASE ANSWER ALL THE POINTS AND WRITE CLEARLY AND JUSTIFY THE ANSWERS THANKS A LOT Assume...
PLEASE ANSWER ALL THE POINTS AND WRITE CLEARLY AND JUSTIFY THE
ANSWERS THANKS A LOT
Assume that the country of Flatland is a closed economy and it is currently in a situation of short and medium run equilibrium. 1. a. Assume that the Central Bank of Flatland wants to increase the short-term interest rate i. Identify the open market operation that the Central Bank would use. [2p] ii. Is there any alternative to an open market operation? Explain. [2p] ii...
PLEASE ANSWER ALL THE POINTS AND WRITE CLEARLY AND EXPLAIN .. THANKS A LOT Assume that...
PLEASE ANSWER ALL THE POINTS AND WRITE CLEARLY AND EXPLAIN ..
THANKS A LOT
Assume that the country of Rokovoko is a closed economy and it is currently in a situation of short and medium run equilibrium. 1. Assume that the government of Rokovoko wants to decrease the public deficit without decreasing the level of public expenditures a. i. ii. Which policy should the government adopt? [2pl Explain the short-run effects of this policy on interest rate, money demand, and...
PLEASE JUSTIFY THE ANSWER CLEARLY THANKS A LOT Is an increase of the government budget deficit...
PLEASE JUSTIFY THE ANSWER CLEARLY THANKS A LOT
Is an increase of the government budget deficit most likely to result in an increase in which ones of the following indicators (at least one)? [3p] 3. i. The marginal propensity to consume ii. Imports ii. The nominal interest rate iv. The money supply v. The fiscal multiplier Explain your choice.
PLEASE ANSWER ALL THE POINTS AND WRITE CLEARLY AND JUSTIFY THANKS Consider the following algebraic version...
PLEASE ANSWER ALL THE POINTS AND WRITE CLEARLY AND JUSTIFY
THANKS
Consider the following algebraic version of the IS-LM model C 200+0,5 YD (C is consumption, YD is disposable income); G (public spending) 100; T (taxes) 100 1. 350 4000i +0,1 Y (I is investment, i is interest rate, Y is real income). Real demand for money: md-0,5 Y-7500, real money supply: (MVP-mf-250; (i) Write the equations that represent the IS and LM relations. [3pl (ii Find the equilibrium values...
Question 1 (42 p) Consider a closed economy where goods market and finalcial markets can be descr...
Question 1 (42 p) Consider a closed economy where goods market and finalcial markets can be described by the following equations for period t С,-100 + 0.5yo- 2000.25Y- 200r G- 100: T-200 Suppose inflation escpectations in this economy is based on past period's inflation rate, ie. Let Yo- FIN)-No the labor force is given as constant at LF- 1000. (4p) Write down the IS equation for this economy (4p) Assume a horizontal LM function where the Central Bank announces the...
Please, can you provide a one-page answer to question number 3! This component is essential! unheuser...
Please, can you provide a one-page answer to question number 3!
This component is essential!
unheuser has strugsled with slow growth of t Market Senacthure Monopoly and Monopoistic Competition 221 ket beers in recent years. U.S. sales laws in its efforts to prevent an Israeli company from successfully selling a generie version of its cholesterol medicine, TriCor. Drug companies usually have three to 10 years of exclusive patent rights remaining when their products hit the market. However, they can often...
Provide the correct answer for the following questions An efficient price system 1. a. lowers marketing...
Provide the correct answer for the following questions An efficient price system 1. a. lowers marketing costs b. transmits consumer preferences to the farm level effectively c. is equivalent to equilibrium pricing d. all of the above 2 product of labour a. increasing; constant b. increasing ; decreasing A production function Q-300 +10K+5L exhibits - returns to scale and - marginal c. constant; constant d. decreasing; constant 3. The marketing functions can a. easily be eliminated b. can only occur...
Marketing Question Please read the following article and answer this question: Do you think Apple's connection...
Marketing Question Please read the following article and answer this question: Do you think Apple's connection to their supplier impacts their relationship with their consumer? Apple, Foxconn Broke a Chinese Labor Law to Build Latest iPhones Apple Inc. and manufacturing partner Foxconn violated a Chinese labor rule by using too many temporary staff in the world’s largest iPhone factory, the companies confirmed following a report that also alleged harsh working conditions. The claims came from China Labor Watch, which issued...
1. Consumer’s utility function is: U (X,Y) = 10X + Y. Consumer’s income M is 40...
1. Consumer’s utility function is: U (X,Y) = 10X + Y. Consumer’s income M is 40 euros, the price per unit of good X (i.e. Px ) is 5 euros and the price per unit of good Y (i.e. Py) is 1 euro. a) What is the marginal utility of good X (MUx) for the consumer? ( Answer: MUx = 10) b) What is the marginal utility of good Y (MUy) for the consumer? ( Answer: MUy = 1) c)...
PLEASE ANSWER ALL THE POINTS AND WRITE CLEARLY AND JUSTIFY THE
ANSWERS THANKS A LOT
Assume that the country of Flatland is a closed economy and it is currently in a situation of short and medium run equilibrium. 1. a. Assume that the Central Bank of Flatland wants to increase the short-term interest rate i. Identify the open market operation that the Central Bank would use. [2p] ii. Is there any alternative to an open market operation? Explain. [2p] ii...
PLEASE ANSWER ALL THE POINTS AND WRITE CLEARLY AND EXPLAIN ..
THANKS A LOT
Assume that the country of Rokovoko is a closed economy and it is currently in a situation of short and medium run equilibrium. 1. Assume that the government of Rokovoko wants to decrease the public deficit without decreasing the level of public expenditures a. i. ii. Which policy should the government adopt? [2pl Explain the short-run effects of this policy on interest rate, money demand, and...
PLEASE JUSTIFY THE ANSWER CLEARLY THANKS A LOT
Is an increase of the government budget deficit most likely to result in an increase in which ones of the following indicators (at least one)? [3p] 3. i. The marginal propensity to consume ii. Imports ii. The nominal interest rate iv. The money supply v. The fiscal multiplier Explain your choice.
PLEASE ANSWER ALL THE POINTS AND WRITE CLEARLY AND JUSTIFY
THANKS
Consider the following algebraic version of the IS-LM model C 200+0,5 YD (C is consumption, YD is disposable income); G (public spending) 100; T (taxes) 100 1. 350 4000i +0,1 Y (I is investment, i is interest rate, Y is real income). Real demand for money: md-0,5 Y-7500, real money supply: (MVP-mf-250; (i) Write the equations that represent the IS and LM relations. [3pl (ii Find the equilibrium values...
Question 1 (42 p) Consider a closed economy where goods market and finalcial markets can be described by the following equations for period t С,-100 + 0.5yo- 2000.25Y- 200r G- 100: T-200 Suppose inflation escpectations in this economy is based on past period's inflation rate, ie. Let Yo- FIN)-No the labor force is given as constant at LF- 1000. (4p) Write down the IS equation for this economy (4p) Assume a horizontal LM function where the Central Bank announces the...
Please, can you provide a one-page answer to question number 3!
This component is essential!
unheuser has strugsled with slow growth of t Market Senacthure Monopoly and Monopoistic Competition 221 ket beers in recent years. U.S. sales laws in its efforts to prevent an Israeli company from successfully selling a generie version of its cholesterol medicine, TriCor. Drug companies usually have three to 10 years of exclusive patent rights remaining when their products hit the market. However, they can often...
Provide the correct answer for the following questions An efficient price system 1. a. lowers marketing costs b. transmits consumer preferences to the farm level effectively c. is equivalent to equilibrium pricing d. all of the above 2 product of labour a. increasing; constant b. increasing ; decreasing A production function Q-300 +10K+5L exhibits - returns to scale and - marginal c. constant; constant d. decreasing; constant 3. The marketing functions can a. easily be eliminated b. can only occur...
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