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Rate of money growth
Suppose that the Fed unexpectedly increases the rate of money growth. Carefully explain the effect on short-term and long-term interest rates, and why those effects are different.
The absolute value of coefficient of the price elasticity of demand.
The information below explains the real GDP per capita for the country of Utopia for the period of 1975 to 1991.
What is the difference between the real interest rate and the nominal interest rate? How would not knowing the difference effect perceptions of the economy and affect people's decisions?
Emily makes cartoons whioch she sells to her classmates. Her average product of labor is 5 cartoons every hour if she works for one hour, four per hour
Illustrate what can you determine about consumer demand for your product from this information
Suppose that you believe that the average rate of inflation over the next 20 years will be 3.5 percent. Would you by the nominal or the inflation-indexed bond?
explain why do companies grant discounts to senior citizens and students
What is the income elasticity? Interpret the elasticity in a mathematic and economic context -- what does this number tell you? Is the own price elasticity consistent with economic principles? Explain.
Suppose that a firm is a perfectly competitive industry has the following total cost schedule: Compute a marginal cost and average cost schedule for this firm.
Question based on Derive and compare demand curve, Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?
Complete the following table by computing the marginal utility per dollar for successive units of X, Y, and Z to one or two decimal places.
Suppose you are an advisor to President Obama. Illustrate what fiscal policies would you put in place.
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