Why might the ‘Goggle mobility index’ not be a good measure of the fall in economic activity during a lockdown?

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A: LM curve shows the direct relationship between the interest rate and output. The LM curve is upward…

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Q: Explain why supply shocks create more of a challenge for the Federal Reserve.

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Q: Inflation

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A: Profit maximization is the ultimate goal of every firm operating in the market.

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A: Based on the article regarding globalization, respective answers have been provided below.

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A: japan korea     tfc 1000000 800000     tvc 500000 700000     tc 1500000 1500000     ac 15 15

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A: When the government intervenes in the market by setting prices, it is termed price control.

Q: Suppose that the marginal revenue product of U.S. labor is given by MRP = 250 - L. Also, suppose…

A: (Q) Suppose that the marginal revenue product of U.S. labor is given by MRP = 250 - L. Also, suppose…

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Q: How inflation starts in an economy? Use diagrams where necessary?

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Q: Explain how avoiding interest rate hikes could assist in accelerating economic growth

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Q: discuss the monetary policy

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Q: Assume a closed economy in which disposable income starts at 1,000 and increases by 500; consumption…

A: GDP is the value of final goods and services produced in the economy within a given period of time.