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Define the predicate split/4 (List, SplitPoint, Smaller, Bigger) where List, Smaller, and Bigger are lists of integers, and SplitPoint is an integer, such that all the elements of List that are less than SplitPoint are elements of Smaller, and all the elements of list that are greater than SplitPoint are elements of Bigger.
Explain carefully why interest rates on each of the following short-term financial instruments will be closely tied to the level federal funds rate: short-term bank CDs, short-term Treasury bills, short-term commercial paper.
Attila (A) and Francis (F), live on Coconut Island and face the problem of determining the amount of military defense they need to repel a potential invasion from neighboring islanders. Defense is a jointly consumed pure public good. They agree to..
Describe the current monetary and fiscal policies in the United States. Consider including how these policies affect your company and its products and services.
Assume you are an economic consultant for a big company that produces and sells lollipops that are shaped like the faces of Hollywood celebrities.
What does it mean to "buy securities"? What are some affects that buying securities has on the economy?
Show graphically what happens in the short-run and in the long-run. Be sure to label your graph correctly for full credit. Write the graph clearly and neatly. If you want to, describe what happens too.
Discuss within your Learning Team how and why the U.S.'s deficit, surplus and debt
If the fed does not respond to this event what will happen to the price level?
Using the perfectly competitive labor demand and labor supply model, what would happen, all else equal, to the real wage and the number of workers in each of the cases below: A. There is an increase in the amount of physical capital as a result of po..
There are six equally productive individuals on the island. Each person can gather 25 coconuts in one day or build one hut in a day.
Public goods can be produced by either the government or the private sector. Private goods can be produced in either sector as well. The problem is that the market tends to underproduce public goods and overproduce private goods.
Suppose you purchase a 3-year, 5-percent coupon bond at par and hold it for two years. During that time, the interest rate falls to 4%. Calculate your annual holding period return. Assume that the coupon bond has a face value of $100.
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