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Since 2009, the Federal Reserve has been unable to stimulate the US economy sufficiently enough to generate 3-5% annual growth in GDP,despite keeping shorts-term interest rates near zero and instituting a massive "quantitative easing" program. Why has monetary policy been unable to do the job? Discuss.
A machine makes drill bits. When the machine is operating correctly, the variance of the diameter of drill bits is no more than .04 inches. In a random sample of 81 drill bits, the sample variance was .07. Test the hypothesis at the 1% level that the..
A monopolist with a straight line demand curve finds that it can sell two units at $10 each or ten units at$2 each. Its marginal cost is constant at $8 per unit. A monopolist would produce how how many units and charge how much? A perfect competitor ..
During the industrial revolution:
Suppose that the labor market is competitive and there are a total of 1,000 black workers and 1,000 white workers (who each supply their labor in elastically). Both black and white workers are equally productive, having constant individual dollar pro..
The price of a stock is $82 at the beginning of the year and $89 at the end of the year. If the stock paid a $3.25 dividend and inflation was 2.25%, what is the real holding period return for the year?
Suppose that a profit maximizing monopolist's marginal costs increase at all output levels. What is likely to happen to the quantity the monopolist produces, AND the price it charges?
is a ________ increase in the price level and it can be produced if the AD curve shifts up ________.
Utilize this concept to construct an example in which a risk-averse individual prefers a gamble to a certain amount of money.
Suppose that we are testing whether five population means are equal to each other. We would normally use ANOVA for that, but suppose that we carry out separate hypothesis tests in which we compare the five means to each other, two at a time. Using a ..
Describe two reasons why a country may be facing a Balance of Payments (BOP) deficit. What is the Official Reserves Account (ORA) and why is it more important for countries under a fixed exchange rate regime than for those under a floating exchange r..
Discuss the two types of inflation. Explain the differences and give an example. Explain what, if anything can be done to avoid either type?
q. the gop deflator in econoland is 200 on january 1 2005. the deflator rises to 242 by january 1 2007 and to 266.2 by
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