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New Zealand rewrote the charter of its central bank in the early 1990s to make low inflation its only goal. Why would New Zealand want to do this?
Assume that two companies (C and D) are duopolists that produce identical products. Demand for the products is given by the following linear demand function: P=600-QC-QD QC and QD are the quantities sold by the respective firms and P is the sellin..
Compare non residential ixed investment with overall investment. Which variable had the bigger percentage change?
a) Based on these estimates, what is the maximum share price that Happy Times should be willing to pay for Joe's?
Suppose a typical consumer's inverse demand function for bottled water at a resort area where one firm owns all the rights to a local spring is given by P=15-3Q. The marginal cost for gathering and bottling the water is $3 per gallon.
How would your policy have affected interest rates and real output during the period in question? What would be the benefit of your policies?
How might a critic respond to the claim that taxes always make the allocation of resources less efficient?
Compare the coefficients and standard errors of the two regressions and comment.
Buy a new car for $14,500. Salvage value is expected to be about $5000 after 3 years. Maintenance and insurance cost is $1000 in the first year and increases at the rate of $500/year in subsequent years. Daily operating expenses are $50/day.
Assume an economy with a coal producer, a steel producer, and some concumers (no gov.) in a given year, the coal producter produces 15M tons of coal and sells it for $5 a ton. the coal producer pay $50M in wages to consumers
in the derivation of the solow growth model we assumed that government spending and taxes less transfers were both
Determine which of the following refers to a relatively high correlation among independent variables of a regression equation?
You are planning to purchase your first home five years from today. the required down payment qill be $50,000. you currently have $20,000, but you plan to contribute $500 each quarter to a special savings account until you purchase the home.
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