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Assume that the Fed decided engages in an open market purchase of $100 million dollars. If the required reserve ratio is 10%, and if banks hold an additional 2% of their assets in bonds, calculate the total change in the money supply.
Identify the four major tools of monetary policy. Describe how a change in the Fed’s major policy tools leads to  expansionary and  restrictive or contraction monetary p
Select a project from IBM’s recent academic collaborations. Describe in a paragraph what this project is. Go back to the IBM front page, find “Investor Relations” at the botto
From Strategy A if the second firm reacts with strategy D. On the other hand, firm 1 may follow strategy B which could return profits of $8mil. Or $9mil. If firm 2 reacts wi
In the country of Dagobah, the velocity of money is constant. Real GDP grows by 3 percent per year, the money stock grows by 8 percent per year, and the nominal interest rate
We would like to estimate the need for physicians in a country. What approach would you follow to estimate the need? Briefly describe the method you are proposing (describe on
Other things equal, would the formation of a customs union with many members be more likely or less likely to improve welfare for a given member country than the formation of
Is the United States Internal Revenue Service (IRS) the only service in mandating such pricing of intra company transfers? Would the concept of an arm’s-length price resolve
Imagine economy where everyone lives for 2 periods: youth and old age. Each period a new generation of young people is born equal in size to last period's old generation, who
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