Bundle: Principles of Macroeconomics, Loose-leaf Version, 8th + MindTap Economics, 1 term (6 months) Printed Access Card - 8th Edition - by N. Gregory Mankiw - ISBN 9781337378994
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Bundle: Principles of Macroeconomics, L...
8th Edition
N. Gregory Mankiw
Publisher: Cengage Learning
ISBN: 9781337378994

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Mankiw's BRIEF PRINCIPLES OF MACROECONOMICS, 8TH is especially created for the instructor who wants to use a text with fewer introductory chapters than the full Macroeconomics book. The most widely-used text in economics classrooms worldwide, this book by superb writer and economist N. Gregory Mankiw stresses the most important concepts without overwhelming students with excessive detail. Thorough updates keep all chapters fresh and relevant with the most current macroeconomic coverage. MindTap, the cutting edge online digital solution, is available with new enhancements in Graph Builder and Adaptive Test Prep that offer students extra preparation in graph drawing and test review. A team of award-winning economic instructors and experts who have worked with this book since its first edition ensure this edition’s premier ancillary package is the most extensive and powerful in the industry to provide everything you need to support your macroeconomic course.

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A life-saving medicine without any close substitutes will tend to have a. a small elasticity of...Define the price elasticity of demand and the income elasticity of demand.When the government imposes a binding price floor, it causes a. the supply curve to shift to the...Give an example of a price ceiling and an example of a price floor.Jen values her time at 60 an hour. She spends 2 hours giving Colleen a massage. Colleen was willing...Explain how buyers willingness to pay, consumer surplus, and the demand curve are related.A tax on a good has a deadweight loss if a. the reduction in consumer and producer surplus is...What happens to consumer and producer surplus when the sale of a good is taxed? How does the change...If a nation that does not allow international trade in steel has a domestic price of steel lower...What does the domestic price that prevails without international trade tell us about a nations...If the price of a hot dog is 2 and the price of a hamburger is 4, then 30 hot dogs contribute as...The CPI measures approximately the same economic phenomenon as a. nominal GDP b. real GDP c. the GDP...Which do you think has a greater effect on the CPI: a 10 percent increase in the price of chicken or...Over the past century, real GDP per person in the United States has grown about _____ percent per...What does the level of a nations GDP measure? What does the growth rate of GDP measure? Would you...Elaine wants to buy and operate an ice-cream truck but doesnt have the financial resources to start...If the interest rate is zero, then 100 to be paid in 10 years has a present value that is a. less...The interest rate is 7 percent. Use the concept of present value to compare 200 to be received in 10...The population of Ectenia is 100 people: 40 work full-time, 20 work half-time but would prefer to...What are the three categories into which the Bureau of Labor Statistics divides everyone? How does...The money supply includes all of the following EXCEPT a. metal coins. b. paper currency. c. lines of...What distinguishes money from other assets in the economy?The classical principle of monetary neutrality states that changes in the money supply do not...Explain how an increase in the price level affects the real value of money.Comparing the U.S. economy today to that of 1950, one finds that today, as a percentage of GDP, a....Define net exports and net capital outflow. Explain how and why they are related.Holding other things constant, an increase in a nations interest rate reduces a. national saving and...Describe supply and demand in the market for loanable funds and the market for foreign-currency...When the economy goes into a recession, real GDP _________ and unemployment __________. a. rises,...Name two macroeconomic variables that decline when the economy goes into a recession. Name one...If the central bank wants to expand aggregate demand, it can _____ the money supply, which would...What is the theory of liquidity preference? How does it help explain the downward slope of the...When the Federal Reserve increases the money supply and expands aggregate demand, it moves the...Draw the short-run trade-off between inflation and unemployment. How might the Fed move the economy...Approximately how long does it take a change in monetary policy to influence aggregate demand? a. 1...What causes the lags in the effect of monetary and fiscal policies on aggregate demand? What are the...

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Principles Of Macroeconomics
6 Edition
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Aplia, 1 Term Printed Access Card For Mankiw's Principles Of Macroeconomics, 6th
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Principles Of Macroeconomics (available Titles Coursemate)
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Principles Of Macroeconomics Instructor's Edition
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