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1. Discuss why the credit channel is likely to be more important in ?nancially devel- oping economies than in developed ones, and discuss its implications for the choice between the money supply and the interest rate as the appropriate monetary policy instrument.
2. Discuss the signi?cance of the credit channel in changing aggregate demand and output. What limitations, if any, on this signi?cance are imposed by the addition of the expectations-augmented Phillips equation? What limitations, if any, on this signi?cance are imposed by the addition of short-run money neutrality?
A manufacturing firm's specialty circuit board division has annual fixed costs of $100,000 and variable costs of $15.00 per board. If they charge $95 per circuit board, how many circuit boards must they produce and sell in order to break even?
Draw the production possibilities frontier based on the data in the above table. What is the opportunity cost of one pound of butter? How can you tell?
It is believed that fiscal policy is more effective under a fixed exchange rate than a flexible exchange rate. Using the IS-LM model, illustrate and explain this differential impact for an expansionary fiscal policy.
An exchange rate can be maintained only as long as
calculating net asset value. given the information below calculate the net asset value for the boston equity mutual
write a report about how foreign direct investment influences the wages and income in vietnam then compare it to
before economic reforms were implemented in the countries of eastern europe regulation held the price of bread
1. what types of products are phone services and electricity?2. why does a firm spend an enormous amount on advertising
State Khinchine's weak law of large numbers and provide a proof of this result. Discuss conditions under which a law of large numbers exists for a sample of independent but heterogeneously distributed random variables.
What is the present worth of a two-part legal settlement if the interest rate is 4 percent? $100,000 is received at the end of year 1, and $400,000 at the end of year 5?
Provide a brief overview - synopsis of the issue and discuss the model or economic theory that relates to the issue presented in the news article.
mr. omondi demand function for rice is given bynbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbsp x 15 m 25p -1where x
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