Is Argentina dollarized? Is there a spontaneous dollarization in Argentina? Does it have flexible or fixed exchange rate (2000 - 2019)?

4. Which of the following statements is (are) correct?
(x) If households view a tax cut as being temporary, the tax cut has more of an effect on aggregate demand than if households view it as permanent.
(y) A decrease in taxes is an example of an expansionary fiscal policy and that policy will probably cause the aggregate demand curve to shift to the right.
(z) An increase in government purchases coupled with a decrease in taxes is an expansionary fiscal policy that will increase the budget deficit.
A. (x), (y) and (z)
B. (x) and (y) only
C. (x) and (z) only
D. (y) and (z) only.
E. (x) only

5. , which of the following statements is (are) correct?
(x) The multiplier effect is the multiplied impact on aggregate demand of a given increase in government purchases of goods and services.
(y) The marginal propensity to consume (MPC) is defined as the fraction of extra income that a household consumes rather than saves and the larger the MPC the larger the multiplier effect.
(z) According to the multiplier effect, an increase in government purchases causes interest rates to increase which increases investment spending.
A. (x), (y) and (z) B. (x) and (y) only
C. (x) and (z) only D. (y) and (z) only.
E. (y) only

6. Which of the following statements is (are) correct?
(x) According to the textbook, an increase in government spending on goods to build or repair transportation infrastructure and education facilities shifts the aggregate demand curve to the right and, in the long run, shifts the aggregate supply curve to the right.
(y) According to the crowding-out effect, an increase in government purchases causes interest rates to rise and the interest rate increase causes an increase in investment spending.
(z) The multiplier effect amplifies the effects of an increase in government expenditures, while the crowding-out effect diminishes the effects.
A. (x), (y) and (z)
B. (x) and (y) only
C. (x) and (z) only
D. (y) and (z) only.
E. (z) onl

1. , during the economic downturn of 2008-2009, the Federal Reserve
A. explicitly set its target rate of inflation at zero.
B. explicitly set its target rate of inflation well above zero.
C. took the unusual step of using open-market operations to purchase mortgages and corporate debt.
D. used open-market operations to purchase mortgages and corporate debt, just as it frequently does even when the economy is functioning normally.
E. reduced taxes to stimulate business and consumer spending.

2. which of the following statements is (are) correct?
A. Fiscal policy refers to changes in aggregate demand caused by changes in government spending or taxes
B. An example of fiscal policy is an act of Congress that raises the minimum wage.
C. A purchase of bonds by the Fed is an example of an expansionary fiscal policy because it is an increase in government purchases of goods and services.
D. All of the above are correct.
E. A and B, only

Which of the following statements is (are) correct?
(x) If households view a tax cut as being temporary, the tax cut has more of an effect on aggregate demand than if households view it as permanent.
(y) A decrease in taxes is an example of an expansionary fiscal policy and that policy will probably cause the aggregate demand curve to shift to the right.
(z) An increase in government purchases coupled with a decrease in taxes is an expansionary fiscal policy that will increase the budget deficit.
A. (x), (y) and (z)
B. (x) and (y) only
C. (x) and (z) only
D. (y) and (z) only.
E. (x) only

1.5 TRACE THROUGH THE SHORT-RUN, INTERMEDIATE, AND LONG-RUN EFFECTS OF AN INCREASE IN CONSUMER WEALTH. (REMEMBER THERE ARE SEVERAL AD DETERMINANTS. BE ABLE TO DO THIS QUESTION FOR ANY OF THEM—THINGS LIKE CONSUMER OPTIMISM, CONSUMER PESSIMISM, DECREASES IN WEALTH, DECREASE IN HOUSEHOLD INDEBTEDNESS, INCREASE IN HOUSEHOLD TAXES, DECREASES IN HOUSEHOLD TAXES, INCREASED EXCESS CAPACITY OF CAPITAL, DECREASED EXCESS CAPACITY OF CAPITAL, INCREASES IN THE COST OF MAINTAINING CAPITAL, DECREASES IN THE COST OF MAINTAINING CAPITAL, INCREASES IN GOV’T SPENDING, DECREASES IN GOV’T SPENDING, INCREASES IN INCOME ABROAD, DECREASED VALUE OF CURRENCY, ETC). USE MONETARY POLICY TO OFFSET THE RESULTING BUSINESS CYCLE. INCLUDE A GRAPH AND EXTENDED 4-STEP ANALYSIS.

1)start:

2)Shock:

3)Shift:

4)Result: Short Run

Intermediate

Long Run

Ritewell sells pens at a current price of £10, producing a revenue of £120,000 per month, of which 20% is spent on advertising. The marketing manager wants to increase sales to 16,000 units per month, and is considering whether to increase advertising or reduce price to achieve this target. He has estimated that the PED for Ritewell’s pens is –1.5 and the AED is 1.8. a) Calculate how much would need to be spent on advertising to achieve the target sales. b) Calculate how much of a price cut would need to be made to achieve the target sales. c) Explain which is the better decision in terms of achieving the desired target.

MACROECONOMICS PAPER ASSIGNMENT

The Physicians for a National Health Program

and Single Pay National Health Care Insurance

Due April 12

One of our country’s most significant fiscal policy issues is rising health care costs. The Physicians for a National Health Program (PNHP) is a non-profit organization of 20,000 physicians, medical students, and health professionals who support single-payer national health insurance (or Medicare For All) as a means of reforming health care in the United States. It is currently the health care position of Presidential candidates Bernie Sanders and Elizabeth Warren.

For this paper assignment, each student will review the PNHP website (as well as other sources contained in Blackboard) and write a TYPED paper of no more than 300 words with respect to the following:

- What is single payer health care?

- What does PNHP consider the most serious health care spending problem? Why?

- What are PNHP’s biggest problems with Obamacare, which was another way of dealing with health care reform?

- How will single pay health care be paid for?

- Do you agree with PNHP’s positions? If so, why? If not, why not?

Prior to writing your paper, watch the Crash Course Economics video “The Economics of Heath Care” and read the “Health Care Primer” found in the Blackboard folder. As part of your paper, cite at least one outside article or book and reference it at the end (name, author, date, web link). Grading will be based on your knowledge of PNHP’s position, addressing each of the above questions (using the primer and video as a reference), and the thoughtfulness in arguing your position. The paper can be submitted via email attachment or through Blackboard – no hard copies.

with the aid of a diagram explain permanent income hypotheses

Are you concerned about inequality in Australia as an ethical issue? Refer to Wight’s taxonomy in your answer. Using internet research or otherwise, do you think inflation causes inequality? Do you think the ownership of assets causes inequality? Are you in favour of an inheritance tax to alter inequality?

If a country has persistently high inflation over the long-run, say 10% pa, explain how this will affect the value of the nominal exchange rate over the long-run. Assume that inflation elsewhere is 2% per annum.

An essay discussing economic and social consequences of the corona virus pandemic. The essay should be typed and It should be around two pages long, more or less 800 words (the very maximum 1200 words). Use Times New Roman 11p with 1.5 line spacing.

Anti-trust policy may be different between a market for network goods and non-network, or traditional, anti-trust policy. What tension causes this?

A.Network goods are often produced by a monopoly or an oligopoly, but the low level of competition in the market in the market is balanced by the high level of competition for the market.

B.Network goods are often produced by a monopoly, but that is less important than the fact that the monopoly gained that position by producing the best good.

C. The network good may not be the best good, but that is balanced by the competition in the market.

D. Network goods are often produced by a monopoly or an oligopoly, but the low level of competition for the market is balanced by the high level of competition in the market.d

E. The monopoly profits are a reward for winning a standards war that is often costly.

F. Monopolies are equally inefficient for network and non-network goods. Politics are the only reason that anti-trust is different for network goods.

Discuss the impact on the oil market if Saudi Arabia dramatically increase the quantity of oil it produces and sells each year. Specifically, address how this will effect market quantity, market price, and the amount of profit Saudi Arabia and other oil producers make selling oil. Assume that oil production is an oligopoly market where there are only a few firms and they all sell the same product (commodity).

Identify a product that is monopolisticly competitive. Specifically, define what products it could be substituted for and also what characteristics make is differentiated from those products. Discuss what the seller of the product could do to increase the differentiation of that product, and
Discuss what impact increasing the differentiation of that product would likely have on the products price and the seller's profits earned from the product.

Draw two qualitative sketches—one showing how a worker’s budget constraint would be affected by a lump-sum payment (such as a Universal Basic Income), the other showing how her budget constraint would be affected by the Earned Income Tax Credit (hint: check section 6.3). Use them to explain how the policies differ in their incentives regarding labor force participation for workers already choosing to work.

b. Draw a second set of sketches identical to the first. Use them to explain how the policies differ in their incentives regarding labor force participation for workers not previously working.