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While playing around with old economic data in your spare time, you find that in 1963 the unemployment rate was 5.7 percent and the inflation rate was 1.6 percent; in 1972, the unemployment rate was 5.6 percent and the inflation rate was 3.4 percent; in 1979, unemployment was 5.8 percent and inflation was 13.3 percent; in 1988, unemployment was 5.5 percent and inflation was 4.4 percent; in 1996, unemployment was 5.4 percent and inflation was 3.3 percent. Does this evidence necessarily imply anything about the shape of the SRIA curve? How might you interpret these data?
what was the quantity of money in 2011?
The motel will cost $1,000,000 to build. Simplify depreciation to be calculated as straight line over 30 years. It will be financed with a 30 year loan at 8% interest compounded annually with annual payments. It will be sold at the end of year 15 for..
bobby lives in new york and runs a buisness that sells pianos. in an average year he recieves 800000 from sales on
1. If your bank held 3% of the units issued by a unit trust and the mortgages in the trust repaid $15,000,000 in interest and $2,300,000 in principal in its first year, how much principal and interest would your bank receive that year
Do these assumptions, in your opinion, bring the model closer to or further from the world as you know it?
With the machine adequately maintained, its production rate will remain constant for the first 1,200 hours of operation and then decrease by 2 feet per hour for each additional 400hours thereafter. the expected average annual use is 400 hours
The following table contains information about the revenues and costs for Barry's Baseball Manufacturing. All data are per hour. Complete the first group of columns which correspond to Barry's production if P=$3. (TR=total revenue, TC=total cost, ..
What is the multiplier associated with each policy program (i.e. the multiplier AFTER the program is implemented - just the number please) Which policy program promotes economic stability. MPC = 0.8 - 0.01Y (marginal propensity to consume).
What is the equilibrium interest rate? d. What happens to the interest rate if the money supply increases from 20 to 30? Illustrate your answer graphically. What happens to the interest rate if nominal income increases by 10%?
Supposed a firm faces an inverse demand function of p(y)=20-y and a total cost function of c(y) = a + y^2 What would be the economic interpretation of the variable a
A decision maker wishedto maximize total benefit, B=3x+xy+y, subject to the cost of constraint, C=4x+2y=70. Set upthe Lagrangian and then determine the values of x and y at the maximum level of benefit,given the constraint. What are the maximum be..
Suppose one of the firms with a 10% market share announces plans to buy the firm with the 20% market share. Calculate the post-merger HHI. Is it likely that the U.S. Department of Justice will challenge the merger
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