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Bank of Canada sets monetary policy to try to achieve an annual 2% increase in consumer price index. Is the CPI a good index of your cost of living? Why or why not? is there a better measure of the cost of living?
In explaining the 2003 bill to cut taxes, President Bush is quoted as saying, “When people have more money, they can spend it on goods and services.” In the IS–LM model, will a tax cut change the money supply in the economy? Does a change in the mone..
Suppose that a manufacturer is a monopolist in selling some product to a number of competitive retailers at wholesale price w. The manufacturer has marginal cost of $10 per unit. Each retailer pays w to the manufacturer and charges p for each unit it..
Now using the information on input prices also MR, Illustrate what is the optimal input combination.
Which of the following is NOT an example of a managerial decision with risk-averse consumers? The expected revenues in auctions with risk-averse bidders with independent private values will be: A consumer spends more time searching for a good when he..
identify the circumstances under which Sarah should choose package A, the circumstances under which she should choose package B.
"If the demand for reserves did not fluctuate, the Fed could pursue both a non-borrowed reserves target and an interest-rate target at the same time." Is this statement true, false or uncertain? Explain your answer
The Fall of Rome has been attributed to all of the following except
In the international environment, it is apparent that China is making large investments in the global financial markets in their shift away from exports. Is there a connection between China's exports and its financial investments in other countries?
The original cost of a certain asset is $1,592. Annual maintenance costs are projected to be $464, with periodic maintenance costs of 983 every 10 years, over an indefinite period of time. The interest rate is 2%. What is the capitalized cost?
Describe the size of public sector borrowing/public sector debt requirement. Autonomous consumption is 10 billion the marginal propensity to consume.
If the firms form a cartel to maximize industry profit, what is the industry marginal revenue at the profit-maximizing level of output?
What is the difference between a standard and graduated payment plan and what is one reason you want to avoid going into default?
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