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Class...Most economists including John Keynes prefer inflation to deflation. But, at the same time, Keynes recognized the dangers of inflation and suggests that it should not go out of control since hyperinflation can be extremely bad.
What would you do to contain inflation and to avoid hyperinflation?
Compute the arc price elasticity of demand for the price of paperback books falling from $7.00 to $6.50, the quantity demanded rises from 100 to 150.
When nominal interest rates become "sufficiently negative" (meaning they exceed cash storage costs) , does money demand behave assymptotically and approach infinity?
Key concepts to include in your paper--data trends on unemployment, inflation, GDP growth, expansionary fiscal policy tools, FOMC, easy money policy tools and other terms from this class.
Use the aggregate expenditure model to explain the following statements from the opening news article.
A gourmet ice cream store has fixed cost expenses (rent, utilities, etc.) of $100,000/year. The ice cream cost $5/liters to produce and sell for $7 per liter. The store sells around 150,000 liters of ice cream per year. If the gourmet ice cream store..
If both manufacturers offer the same value, then 50 customers buy from each manufacturer. Find all symmetric Nash equilibria.
illustrate what does the efficient market hypothesis say will happen to the price of the stock when the $4 loss is announced.
A political mailing will have several pages on the economy, the military, and the environment. The total number of these pages in the booklet should be less than 100. For the target group that will receive the booklet, market research suggests that t..
Elasticity of supply: Using the data below, answer the following questions: Close Substitutes Quantity Demanded Price Quantity Supplied. Write out the midpoint formula for elasticity of supply (formula only, no numbers): Use the data from above to ca..
Explain how “Black Markets” impact economic actives: Please explain in detail and use a supply and demand graph for your examples
The degrees of freedom are used to determine the critical z-score for the normal distribution when calculating a confidence interval. The alternative hypothesis, denoted by H1, represents the opposite of the null hypothesis and is believed to be true..
q1. assume anna can either wash 12 cars or wax 4 cars every day also bob can either wash 6 cars or wax 3 cars every
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