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Q. Review the biographies of each of the seven members of the Board of Governors. What can you say about the composition of the Board with regard to age, gender, education, previous employment, and ethnic background? Which Board members are near the ends of their terms?
As we read this week, the Fed is an independent agency of government. What do you think about the Fed being independent of government? Is this too much power for a group of people to have? Why? Why not?
Suppose that the income tax in a certain nation is computed as a flat rate of 5 percent, but no tax is levied above $50,000 in taxable income.
Discuss a situation in which both parties entering into a contract could benefit from slightly ambiguous language contained in the agreement.
This would be ideal because he would have the same number of pretzels as he would soda leaving no money left to spend.
If this price floor is implemented, how many units of pork will the government are forced to buy to keep the price at $2.25.
A Monetary History of the United States, 1867-1960 uncovered the empirical reality that money is pro-cyclical and leading, the classical economists went to the drawing board.
Elucidate the price also quantity that maximizes the company's profit.
You complain that the current labor contract specifies a full hour for your lunch break and you still have over 15 minutes left.
If the nominal social discount rate is 7% and the rate of inflation is currently stable at 2 percent, should the city build either facility.
The average consumer income is $20,000, and the price of the related good is $1.10. Compute the predicted quantity demanded of X at these prices and income.
When the bookstore announces a 20% price increase in new texts and a 10% increase in used texts for next year, Guojun's father offers him $80 extra.
Calculate the marginal physical product of labor at each quantity of labor
the mainstream theory of the business cycle, is the most common source of reciession: a decrease in aggregate demand, a decrease in aggregate supply, or both.
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