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In U.S. data, how sensitive isthe demand for money to changes in nominal interest rates?
Whatare the consequences of an increase in the money supply on output and the pricelevel? Does your answer depend on where the economy starts (whether it is inlong-run equilibrium or not)?
Despite the economic progress that the U.S. has observed in thepast century, the standard of living remains extremely low in manycountries. Consider the following regarding poverty in developing countries
A purely competitive firm finds that the market price for its product is $30.00. It has a fixed cost of $100.00 and a variable cost of $15.00 per unit for the first 50 units and then $35.00 per unit for all successive units.Does price exceed avera..
Suppose that there are two types of players, good and medium. the team demand curve for top-quality players is Q = 27 - 5 w , and the market supply of top players is Q = 4w, where w is the wage in millions of dollars.
From the Keynesians, Y = C + I + G + NX can be transformed into a theoretical model. In particular, assume that the consumption C = A + mpc (Y-T), where A is a constant, mpc is the marginal propensity to consume, Y is national income
Find the price elasticity of demand (at every price range) for the demand given below. Characterize the demand as elastic/inelastic/unit elastic at each one of these price ranges. P Qd 120 80 100 72 80 65 60 60
Suppose that a security costs $3,000 today and pays off some amount b in one year. Suppose that b is uncertain according to the following table of probabilities: b: $3,000 $3,300 $3,600 $3,900 $4,200 Probability: 0.1 0.2 0.3 0.2 0.2
In 1951, Coke used to cost $0.37 for a pack of 6, an average house was worth about $16000, and a car was $1400 to 2200. All these goods are much more expensive now, and yet we buy and consume more of these things today than we did in 1951. Does th..
bobby lives in new york and runs a buisness that sells pianos. in an average year he recieves 800000 from sales on
When will America's longest running economic expansion in history come to an end? One way to predict is to look at what happened in the past. The usual causes include:
A television station is considering the sale of promotional DVDs. I can have the DVDs produced by one of two suppliers. Supplier A will charge the station a set-up fee of $1,200.00 plus $2.00 for each DVDs; supplier B has no set-up fee and will ch..
problemthe dataset phillips.dta contains information on the civilian unemployment rate and the cpi inflation rate.nbsp
Suppose that: y-sqwiggly line on top=1/2Y1+1/3Y2+1/6Y3 a) show that y-sqwiggly line on top is a linearestimatorb) show that y-sqwiggly line on top is an unbiasedestimator
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