Newest macroeconomics Questions | Wyzant Ask An Expert

For the other sciences it's easy to point to the most important equations that ground the discipline. If I want to explain Economics to a physicist say, what are considered to be the most important... more

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Macroeconomics Economics Political Science Economic Development

03/19/19

What is the correlation between transportation means (trains, highways, etc.) and economic growth of a country?

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Macroeconomics Business Gdp Mathematical Economics

03/19/19

Calculating rate of growth of per capita income?

Given this question:National income is increasing by 1.5% a year and population by 2.5% a year. What is the rate of growth of per capita income?Attempt: Since per capita income is GDP/ population.... more

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Macroeconomics Microeconomics

03/19/19

Seminal papers that later were proven to contain errors?

I was reading on institutions, and I came across Acemoglu, Johnson and Robinson (AJR) paper on [The Colonial Origins of comparative development: An Empirical... more

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Macroeconomics Economics Political Science Economic Development

03/19/19

Do developing countries need to go through a stage of industrialization in order to become developed?

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Macroeconomics Microeconomics Economic Growth Welfare

03/19/19

on economic growth and Second Welfare theorem?

While I was studying eighth edition of Mankiw's Macroeconomics, in chapter 9 on Economic Growth(pg. 245), the author mentions :**"Some economists have proposed increasing the incentive to save by... more

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Macroeconomics Microeconomics Reference Request

03/18/19

Mathematical Micro/Macro Economics Textbook Recommendation?

I was formerly an economics major and now also majoring in mathematics.I want a textbook that is rigorously based on mathematics; not just using mathematcis whenever the author wants, but in a more... more

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Macroeconomics Finance

03/18/19

Basic question: why do markets grow?

I apologize if this is gonna be very basic, but I am a beginner. My question is: why do markets (expressed as indices) grow? Is it because money is constantly moved from the real economy into stock... more

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Macroeconomics Microeconomics

02/26/19

Inferior Goods and Economics

What would happen to the new resulting equilibrium price and quantity of Ramen noodles (an inferior good), if incomes for US workers fell by 8% over the next two years?

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Macroeconomics Economics

02/20/19

managerial econ and business

1.A firm's demand curve is estimated to be Q = 400 - 3P, where Q is quantity and P is the price of the good. At P = $21, the point elasticity of demand is _____.2.A firm's demand equation is given... more

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Macroeconomics

07/27/18

If the price is $200, the demand is 1000, the supply is 2200, what is the equilibrium

Need to find the equilibrium for th8s problem

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Macroeconomics

03/20/18

(Show the Computation and formula!) any idea how what the formula is

dY/dS = 0.45; dS/dY = 0.38, dY/dM = 0.30, dM/dY = 0.28 and dG = 187 (millions of dollars) where dS = change in savings, dM = change in imports, dY = change in income and dG = change in... more

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Macroeconomics Economics

01/04/18

If increase in Demand is smaller than increase in Supply, what happens to equilibrium Price and Sales Outputs?

I'd like to know how an increase in both factors may affect the equilibrium

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Macroeconomics

12/17/17

A full employment economy in the United States today would have an unemployment rate of approximately 5.0 percent.

true or false

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Macroeconomics Economics, Macroeconomics

11/15/17

Starbucks Raises the price of Frnappuccinos, what is the Impact on CPI and the Impact on GDP Deflator?

How does it impact the two (Up/Down/No change)

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Macroeconomics Macroecono,ics

07/16/17

What is an example of demand-pull inflation? How does it affect our daily decisions that we have to make?

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Macroeconomics

07/14/17

(CO2) Market equilibrium price represents when________

I need the answers to the question

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Macroeconomics Economics Demand For Money

05/03/16

Increase in demand for money results from : (A) an increase in the price level, (B) a decrease in the price level ???

What is the reason of an increase in demand for money ????

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Macroeconomics Economics Demand For Money

05/03/16

What would happen if only money demand decreases in an economy? Is there will be any change in unemployment rate?

Will the unemployment rate increase due to a decrease in demand for money???

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Macroeconomics Economics Economy Macro

04/17/16

If the MPC is 0.75 and investment spending increased by $20 billion, then the increase in GDP will be $

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Macroeconomics Economics Economy Macro

04/17/16

GDP to increase by $160 billion. If the MPC is 0.80, to reach the President’s goal government spending must increase by $

Assume you are an economist working on the President’s Council of Economic Advisors. The President wants the U.S. GDP to increase by $160 billion. If the MPC is 0.80, to reach the President’s goal... more

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Macroeconomics

03/29/16

Explain the free-rider problem. How is illegal immigration related?

Discussion question

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If someone has already borrowed money, why does it matter from his point of view if the Fed fund rates rise?

What are some examples of wasteful competition created by the free market system?

How would the lack of natural resources affect economic development?

Fundamental equations in economics?

What is the correlation between transportation means (trains, highways, etc.) and economic growth of a country?

Calculating rate of growth of per capita income?

Seminal papers that later were proven to contain errors?

Do developing countries need to go through a stage of industrialization in order to become developed?

on economic growth and Second Welfare theorem?

Mathematical Micro/Macro Economics Textbook Recommendation?

Basic question: why do markets grow?

Inferior Goods and Economics

managerial econ and business

If the price is $200, the demand is 1000, the supply is 2200, what is the equilibrium

(Show the Computation and formula!) any idea how what the formula is

If increase in Demand is smaller than increase in Supply, what happens to equilibrium Price and Sales Outputs?

A full employment economy in the United States today would have an unemployment rate of approximately 5.0 percent.

Starbucks Raises the price of Frnappuccinos, what is the Impact on CPI and the Impact on GDP Deflator?

What is an example of demand-pull inflation? How does it affect our daily decisions that we have to make?

(CO2) Market equilibrium price represents when________

Increase in demand for money results from : (A) an increase in the price level, (B) a decrease in the price level ???

What would happen if only money demand decreases in an economy? Is there will be any change in unemployment rate?

If the MPC is 0.75 and investment spending increased by $20 billion, then the increase in GDP will be $

GDP to increase by $160 billion. If the MPC is 0.80, to reach the President’s goal government spending must increase by $

Explain the free-rider problem. How is illegal immigration related?

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