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Briefly discuss the advantages and disadvantages of foreign exchange rate targeting.
Briefly describe the advantages and disadvantages for each tool the Fed can use to manipulate the federal funds rate.
Briefly explain the advantages and disadvantages for each target the Fed can use to anchor monetary policy, i.e. inflation target, money target, or implicit anchor.
Briefly describe the criteria for choosing a monetary policy instrument.
Illustratr what is the Keynesian solution to a recession or depression. Explain how does the Keynesian multiplier work.
The concept of present value gives equivalent in dollars available immediately to a payment that is made at some point in future.
Effects on the exchange rate among the British pound and the Japanese yen.
The owner of the Los Angeles Dodgers has commissioned a study that showed the demand by fans for stadium seats (per playing date) to be P = 22 - 0.2Q-How much revenue does the owner make at the current price?
In light of Ricardian model, how might you measure the claim by developing countries that they're at a disadvantage in trade
Assume that price level is fixed in the short run so that the economy does not reach general equilibrium immediately after a change in thee economy.
Discuss the advantages and/or disadvantages of distributing marketable pesticide permits to each farm operating in the watershed equal to 40% of its current level of use of that pesticide, versus simply ordering each farm to reduce pesticide use t..
What is her marginal rate of substitution when L = 100 and she is on the budget line? What is her reservation wage? What is her optimal combination of C and L?
Assume that Nancy Pelosi declares that clay fire pits are causing global warming, and demand for fire pits shrinks substantially in the U.S.
Find out the utility with full insurance for the treatment also how much would the individual be willing to pay to obtain such insurance than the fair premium.
According to the Heckscher-Ohlin theorem, is Russia capital abundant or labor abundant? Briefly explain. What is the impact of opening trade on the real wage in Russia? Briefly explain.
Assume that, in a perfectly competitive market at the profit maximizing quantity, the market price is greater than average total cost.
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