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If the policy interest rate is near zero, what less conventional monetary policy tools might a central bank use to stimulate the economy? How do these tools work? In what way is central banking in the euro-zone area different from or similar to the Federal Reserve System?
What is your price elasticity of demand for gasoline and why? How important is fuel efficiency to you (particularly if you have purchased a car in the past three or four years)? Do your driving habits change as the price of gasoline changes?
Elucidate why the general level of wages in high in the United States and other industrially advanced countries.
Elucidate what is the residual demand elasticity facing one firm at the competitive equilibrium.
Assume the U.S. government determines that cigarette smoking creates social costs not reflected in the current price of cigarettes in the market
Write a brief explanation of each of the following terms. import tariff, effective rate of protection
Illustrate what phase of the business cycle is the United States currently in. Describe in detail. What is the latest GDP.
Elucidate how the topic you chose relates to the growth of US banking overseas.
Illustrate what rate of inflation characterized this economy during 1994.
Illustrate what is the arc cross elasticity of demand among Future Flight's and Soaring Free's frisbees
Illustrate what will happen to the input prices wages (w) and rental rate of capital (r) after this change in technology.
Draw the demand curve for the bridge crossings. How many people would cross the bridge when there were no toll? What is the loss of consumer surplus associated with charge of toll of $4.00
illustrate what happens to total income when the price of milk is increased.
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