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If the price index was 110 last year and is 121 this year, what is this year’s rate of inflation? What is the “rule of 70”? How long would it take for the price level to double if inflation persisted at (a) 2, (b) 5, and (c) 10 percent per year?
Suppose that the trade pattern of a country is that it exports foodstuffs and imports fancy sports equipment. Can you make a case that trade acts like a regressive tax in its impact on the distribution of real income and welfare within the countr..
I'm trying to discuss whether integration between the following types of firms would constitute a horizontal, vertical, or conglomerate merger.
What is the marginal propensity to consume in this economy? What is the multiplier in this economy? What is the equilibrium level of GDP in this economy?
To maximize total income should the price be increased or decreased
The California Instruments Corporation, a producer of electronic equipment, makes pocket calculators in a plant that is run autonomously. What price should the manager charge for the calculators?
Assume, in a 2-sector model, that individuals earn the following payments from business sector: wages $520, interest $30 rent $ 10 and profits $80.
Examine the characteristics that make any transaction possible and justify the importance of each of characteristics.
3.Should the Fed remain independent from political authority or should the President and Congress have a say in their operations Why Why not 4.What is FOMC What is the current Federal Funds Rate
Why does the aggregate demand curve slope downward? Give at least three reasons and examples when addressing this question, using your text, the Online Library, and the Internet as resources.
Is demand for movie tickets elastic or inelastic? What is the change in the total revenue from the sale of movie tickets.
Scandia Bank has issued a one-year, $1 million CD paying 5.75 percent to fund a one-year loan paying an interest rate of 6 percent. The principal of the loan will be paid in two installments: $500,000 in six months and the balance at the end of the y..
As an worker of the world bank you have been proposed to research the requirements of a country with a particular economic concern. For this project choose a nation and an economic concern such as population, unemployment etc.
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