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According to Global Insight, a Massachusetts economics consultancy, what will happen if oil prices remain in the range of $65 to $70 per barrel for a couple of more months? A. The Fed will almost certainly cut interest rates the next time it meets. B. Gasoline prices could reach $4.75 per gallon. C. U.S. GDP growth will drop 0.3% to 0.5% in the fourth quarter of 2005. D. U.S. GDP growth will drop by 7% in the fourth quarter of 2005.
What is the value of net domestic product (NDP)? What is the value of national income (NI).
A industry is currently operating where the MC of the last unit produced = $84, and the MR of this unit = $70. What would you advise this firm to do.
Suppose that on January 1, the price of one hundred yen was $0.80 and PPP held. Over the year, the Japanese inflation rate was 5 percent and the U.S. inflation rate was 10 percent.
find out that the exchange rate for your U.S. dollar has decreased relative to the euro. If you were a U.S. citizen or resident, are you pleased.
Describe an experiment that would quantify these two effects. Randomly select n students who have taken test only one time.
Illustrate what is expected interest rate that will be charged by a bank that cannot exactly distinguish between two types but knows probabilities of each type.
Why does the percentage gain in earnings observed when worker gets one more year of schooling measure the marginal rate of return education?
Explain how the adverse inflation shock affects the AS curve. (ii) Discuss, using AD-AS diagram, what choices the Fed now must make regarding monetary policy.
what right have we to burden our children and grandchildren with these debts while we live high on the hog. Discuss this
The legislature has stated that the $.03 tax will increase goverment revenue by $300,000 per month and raise the price of gasoline by $.03 per gallon. is this correct.
Illustrate what is happening to the value of the US dollar these days. What causes the value of the US dollar to rise or fall.
A pharmaceutical firm faces monthly demands in the U.S. and Mexican markets for one of its patented drugs.
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