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Go to the Federal Reserve's Web site (www.federal reserve.gov), follow the links to Monetary Policy and the FOMC, and find the press releases ("statements") from the last two FOMC meetings. Has the FOMC raised or lowered interest rates at these meetings? What reasons do the press releases give for these actions? Would you describe these actions as movements along a given policy rule (i.e., interest rate changes arising from a concern about inflation) or as shifts in the policy rule (i.e. , policy actions in response to factors other than inflation) If you feel the policy rule has shifted, what factors was the FOMC reacting to?
The firm's production manager claims that the firm's average cost of production is minimized at an output of 40 units. Furthermore, she claims that 40 units is the firm's profit-maximizing level of output. Explain whether these claims are correct.
A country with a civilian population of 120000 (all over age 16) has 100000 employed and 10000 unemployed persons, of which 5000 are frictionally unemployed and another 3000 structurally unemployed.
the answer to each question should be a short to long paragraph.1 how does an expansionary monetary policy work?
According to an article in The Wall Street Journal, side-impact crashes are among the deadliest, accounting for nearly 10,000 deaths per year. Child safety concerns have kept auto manufacturers from making side-impact airbags
an economy has a production given by y k0.25n0.75.a. what king of returns to scale does the production function
You areconsidering depositing $5000 now (i.e. at time t=0) into an IRAaccount that you plan on taking out 40 years from today. Given anincome tax rate of 25% and guaranteed rate of return of 5% compounded annually
Assume you have the following model of the expenditure sector: Sp = C + I + G + NX C = 400 + (0.8)YD Io = 200 G = 300 + (0.1)(Y* - Y) YD = Y - TA + TR NXo = - 40 TA = (0.25)Y TRo = 50 What is the size of the output gap if potential ou..
A firm has a production function Q=F(K,L) with the constant return to scale, where k is units of capital and L is unites of labour.Imput prices are r=$2 per unit of K and w=$1 per unit of L.When it produces 5 units of output,it uses 2 units of cap..
If the marginal propensity to consume for an economy as a whole is 0.75, what is the simple multiplier equal to? If governments spend 1 billion dollars, how does this translate into a greater than a $1 billion impact on the economy.
the real interest rate was 6.79% in 2000 and 3.71% in 2010; the 2000 deflator was 24 and 51 in 2010. What is the real gain?
A verbal, everyday argument enables academic readers to access summaries other viewpoints.
The Columbia Company manufactures a battery-powered saw. Due to increased demand during the past few years, Columbia has increased plant capacity for the saw to 300,000 units. The firm's expected output and sales for the next year in their normal..
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