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Q1. If Michael has $48 to spend on cola and pretzels, what combination should he purchase in order to maximize his utility?
Q2. Suppose the interest rate on new issues of Canada Savings Bonds is 5% per year and the federal income tax rate on nominal interest earnings is 40%. If the inflation rate is 3%, then an investor's after-tax real rate of return on Canada savings Bonds is
Q3. If you are near graduation and plan to start your new job in 3 weeks, how does the Bureau of labor statistics classify you? Unemployed, employed or notin labor force?
Give an example of a government created monopoly. Is creating this monopoly necessarily bad public policy?
Estimated regression equation for which quantifies the demand for Widget
Solve for equilibrium real output and also solve for the equilibrium interest rate.
Find the equilibrium values of the real interest rate, consumption, investment, and the price level.
The People's Bank of China, the country's central bank, raised the reserve requirements of its top commercial banks to put a squeeze on the credit market
For each values for the MPC, determine the size of the simple spending multiplier and the total change in real GDP demanded following a $10 billion decrease.
Explain an economy is initially in equilibrium at the natural level. The central bank increases the money supply.
Explain how the U.S. economy may self-correct back to the long-run equilibrium where actual GDP equals to full GDP and there is full employment.
If the government uses a tax to get producers to internalize their externality, what is the net price received by producers.
If income rises from 1000 to 1800 and consumption rises from 1100 to 1700 the marginal propensity to save.
MMM expects to generate $60,000 in earnings that will be retained for reinvestment in the firm this year.
Brenda Johnson has used a preprinted form that she got from the internet to create her will.
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