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How should the Fed Reserve Bank have responded to ATM's and other financial innovations of the 1970's when projecting money growth? Think in terms of velocity.
Economists are in almost universal agreement that Free Trade is good for all countries. Explain why are they in such universal agreement.
A Wall Street Journal article, "As Fear of Deficits Falls, Some See a Larger Threat," describes the following threat of a high U.S. budget deficit: [T]he investors who finance our deficits by buying Treasury bonds and bills, especially the foreign..
Based on the IIT index, which sector from the table has the highest share of intra-industry trade? Show calculations and explain your answer.
Suppose Sally only purchases food and clothing, and her utility can be expressed as U = F _ C. Currently-What is her optimal bundle?
Elucidate how each of the following will affect the consumption and saving schedules (as they relate to GDP) or the investment schedule.
1. (T/F) Under the gold standard, countries that imported more than they exported had to pay for this with an outflow of gold to other countries. 2. (T/F) Currency markets influence exchange rates under a fixed exchange rate system.
Use the line drawing tool to draw a line showing the relationship between the number of deliveries (on the horizontal axis) and your total cost (on the vertical axis). Draw the lnie between zero and 20 delieries. Label this line 'Cost'.
Compute the trucks net book value at the end of its third year of use under each depreciation method.
Advertising can inform buyers, but sellers must incur costs to advertise. If so advertising can result in higher prices to consumers.
Joan is deciding where to spend her spring break. If she goes to Cancun, Mexico, the trip will give her 9,000 utils of satisfaction and will cost her $300. If, instead, she travels to Florida, the trip will give her 5,000 utils of pleasure and w..
If a straight line passes through the point x = 12 and y = 4 and also through the point x = 4 and y = 8, the slope of this line is
Entry of firms in a monopolistically competitive industry is characterized by two "external" effects. What are these effects and how do they affect a monopolistically competitive firm. How are consumers and incumbent firms influenced by these exte..
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