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China’s real GDP was 7,394 billion yuan in 2005 and 8,000 billion yuan in 2006. China’s population growth rate in 2006 was 0.5 percent. Calculate China’s economic growth rate and growth rate of real GDP per person in 2006.
Suppose that you are considering the purchase of a security that has the following timeline of payments: How much would you be willing to pay for this security if he market interest rate is 6%?
For each of the following characteristics, say whether it describes a perfectly competitive firm, a monopolistically competitive firm, both, or neither. sells a product differentiated from that of its competitors. has marginal revenue less than price
Suppose the multiplier is 3, the marginal tax rate is 20%, and the marginal propensity to consume out of disposable income is 0.9. If government spending increases by $10 billion, then would national saving increase or decrease, and by how much?
Firm C&D is a monopolist both in the US market and in the international market. The demand curve for the US market is QUS = 10 − PUS and the demand curve for the international market is QI =20−PI. The firm’s cost function is C(Q)=2Q+2. Suppose the fi..
A black market
How much do you have to deposit today in order to allow 6 annual withdrawals, beginning at the end of year 17, with a first withdrawal of $1403 and with subsequent withdrawals decreasing at the rate of 2% over the previous year’s withdrawal? Assume a..
If profit regulation is used to control a natural monopolist, the monopolist is likely to
Elucidate why a currency appreciation does not improve a nation's balance of trade.
Those who advocate that the Fed target monetary aggregates, usually argue that the Fed should not alter its monetary targets in response to temporary changes in macroeconomic conditions, yet those who advocate interest rate targeting never recommend ..
Discuss what information is available at your state or city government's public health department regarding the reporting of communicable diseases. What are some of the mandated reportable list of conditions and how soon after diagnosis should they b..
Excise tax is collected from fishermen, who protest that y alone are bearing burden of this policy. Why might this protest be misguided.
Suppose that a country has a fixed exchange rate and unrestricted (financial) capital flows. Which of the following would the country NOT experience?
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