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Would a cut in stamp duty and other purchase charges on the purchase of existing houses really boost the economy?
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- Assume a country would like to increase investment by limiting consumption. What would be the point of a policy like that? What would be the impact on the economy? Who would benefit? Who would lose out?Is our US Economy in Equilibrium? What recent events might cause you to indicate that it is or not?What happens when firms and workers underestimate future prices in the economy. On what would happen to actual output as opposed to the expected potential output.
- What are the results of economic policies in Mexico and what do they look like in the short-run and long-run? Include an AD-AS Model graph that shows the results of your recommended economic policies.What happens when firms and workers underestimate future prices in the economy? Explain the answer while focusing on what would happen to actual output as opposed to the expected potential output.if actual real GDP is greater than the equilibrium level of real gdp what happens to restore equilibrium to the economy?
- Suppose the federal government attempts to combat a recession by purchasing a new fleet of warships for the navy produced by a US manufacturer. What type of economic policy is the government conducting?If the price level were to rise from 160 to 200, in what direction and by how much would the value of a dollar change?Who was the President of the United States in 2008?
- Suppose that an economy wants to boost available labor hours in order to increase aggregate supply. What is the best way to accomplish this?The government of Yemen is advised by the World Bank not to increase its interest rates. How would an increase in interest rates affect the economy of Yemen? a. All choices are correct b. It will increase cost of borrowing c. It will lower down consumption d. It will increase prices of other goodsIdentify the point or points for which the following is true: The economy cannot reach this point without an increase in resources or improvement in technology