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1) Draw a supply/demand diagram of the market for "loanable funds" in the U.S. Use the "interest rate" as the "price" of loanable funds on your diagram. Show the effects of a rise in the expected inflation rate on your diagram.2) Is your result in (1) consistent with the Supply/Demand model of the effects of a rise in inflation expectations on the T-Bill market that I drew in this week's lecture notes?
Suppose that the corn production needs only land and can production requires only labor. The US can produce either seventy kilograms of corn or 100 cans in an hour.
Evaluate and compare the "vertical restraints" of the two industries / sectors for the purposes of assessing the consequences of these provisions for strategic decision making.
A farmer and a rancher currently lead a subsistence existence, manufacturing only meat and potatoes. The farmer could make two units of meat per forty hour week,
The customer price index is a fixed weight index. It compares the price of fixed bundle of goods in 1-year with the value of the same bundle of goods in some base year.
Think that the following model of a small open economy, and Where X = exports, M = imports, e = the real exchange rate=50, Yf = foreign income = 2000.
Explain why is the population shape a concern when estimating a mean and what effect does sample size, n, have on the estimation of mean?
Suppose the many provisions in RCRA that discourage land based waste disposal. Recognize and describe one aspect of the law that is command and control in approach and one that is incentive based.
As an international economist you have been tasked to make a short speech which answers the given questions:
Determine the government's role be with respect to regulating accounting companies in the wake of mismanagement and accounting irregularities?
Use a graph of the pollution abatement market, model a situation in which the allocatively efficient level of abatement occurs at 100%,
Japan has had an overall trade surplus in current years. Economists advice that this continuing phenomenon is due to many things, including an inappropriate exchange rate
In a day of production, companies in Angola can manufacture 200 liters of oil or 100 kilograms of tungsten. Companies in Namibia can manufacture 160 liters of oil or 60 kilograms of tungsten.
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