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How would two of the RBA's policy objectives are conflicting? Please give an example. Which of the goals would the RBA most likely to emphasis? Why would central bank independence ensure that the RBA's primary objective is met? Suppose the RBA were to implement a simple rule for monetary policy, such as one that makes the monetary aggregate M3 rise at a steady rate of 3% per year. When would this rule work and when would problems occur with such a rule?
Elucidate each event whether it changes short-run aggregate supply, long-run aggregate supply, aggregate demand, or some combination of them.
Discuss the role of advertising also the desired impact on the industry's demand curve. Contrast this to advertising at the industry level.
Is the equilibrium price higher or lower, or is the change indeterminate. Is the equilibrium quantity higher or lower, or is the change indeterminate.
Illustrate what is the 95% confidence interval estimate of the population mean examination score if a sample of 200 applications provided a sample mean of Xbar=935
Graph the following statements using demand curves only, elucidate how whether there is a change in demand
In 2003, when music downloading first took off, Universal Music slashed the prices of CDs from an average of $21 to an average of $15.
Illustrate what two policies could you use to reduce the total amount of emissions.
The Fed announced in April 2011 to it will continue the ‘quantitative easing' by completing the purchase of government securities by the amount of $60 billion.
Over the course of this month he has to deliver to 50 spots. To do this job he has 4 possible combinations of output that he can use
This deviation from the classical dichotomy and the Fisher effect is called the Mundell-Tobin effect. Explain how might you decide whether the Mundell-Tobin effect is important in practice.
Home produced 450 bushels of pears also 1050 cellular phones. This year it produced 450 bushels of pears also 2000 cellular phone.
Briefly explain why the three variables are appropriate explanatory variables to predict the consumption of services or why they are related to consumption.
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