Using the ISLM model, a housing market crash A. can be represented as a leftward shift of the LM curve B. causes r and Y to fall C. causes unemployment to rise D. all of the above E. none of the above
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Only typed answer.
Using the ISLM model, a housing market crash
A. can be represented as a leftward shift of the LM curve
B. causes r and Y to fall
C. causes
D. all of the above
E. none of the above
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- Urgently need Using the ISLM model, a housing market crash A. can be represented as a leftward shift of the LM curve B. causes r and Y to fall C. causes unemployment to rise D. all of the above E. none of the aboveTRUE/FALSE. Brietly explain your answer. a) The real business cycle model is very helptul because we can always identity the sources of total factor productivity shocks. b) An increase in financial market frictions can cause the natural rate of interest to increasePrice Level on AS/AD model can best be described as a: a. GDP deflator (inflation) b. The prices of all goods and services c. Quantity of Dollars d. Interest Rates
- According to the Austrian business cycle theory, a key feature of a deflationary depression is A) an increase in money and credit B) unrepayable debts lead to financial system losses C) businesses that are too big to fail must be subsidized D) higher pricesConsider a model that includes IS-LM, inflationary augmented Philips curve, labour market and production function. Assume supply of labour is a function of after-tax real wages. Show that quantity theory of money applies in this model.Is fiscal policy, say an increase in government expenditures (G), effective according to the Real Business Cycle (RBC) theory? If it is, should it be used? Explain by using production function, labor market, goods market and asset market equilibrium tools.
- In an OLG model with money: Each gen picks 12 bananas when young, 0 bananas when old. Central bank prints out 2 units of money, given to gen 0 for free. The nominal GDP of this economy is $______ each period.In the IS/LM model, there is a labour market depiction full employment a Keynesian type model output is determined by real supply side factors price and wage flexibilityConsider the 1997 Asian Financial Crisis and its impact on the wealth of households and businesses in Singapore. Using the IS-LM model, illustrate and discuss the impact of the Asian Financial Crisis on interest rates and economic activity (and thus the unemployment rate). Remember to explain any changes you have made to the curves and/or any shift(s) you have undertaken.
- I)What was Keyne’s reaction to the classical views on the following: Labour market Market for loanable funds II)Provide a Keynesian analysis on the linkage between inflation and employment and Discuss the tools which Keynes argued for as being effective for the government to alter aggregate demand.2 Year Median Income Average Income 1972 $37,760 $43,700 2018 $37,800 $58,700 1D. Construct a causal chain starting with income equality to show an effect on the US economy between 1972 and 2018. 1E. Construct a Keynesian Macro Model and make changes to the model consistent with your causal chain.Only typed answer Which of the graphs most accurately illustrates real business cycle theory? Graph A Graph B Graph C Graph D Which of the graphs most accurately illustrates new classical theory (unanticipated policy, short run)? Graph A Graph B Graph C Graph D