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Suppose that the loanable funds market in an economy is initially described by the following equations where i is the interest rate and Q is the quantity of loanable funds measured in millions of dollars:
Demand for loanable funds: i = 8 - 0.8Q
Supply of loanable funds: i = 2 + 0.8Q
Furthermore assume that this economy's government is currently running a balanced budget.
a. Given the above information, calculate the equilibrium quantity of loanable funds and the equilibrium price in this market. Show your work.
gm announced that it will close its oshawa truck plant in 2009 and a windsor transmission plant in 2010. ford
Using aggregate supply and aggregate demand examine, describe what effects, if any, the following changes have on each nation's Price Index and real GDP.
How do wireless phone makers attempt to differentiate their handset offerings?
GRAND RAPIDS, Mich. - Kellogg Company on Monday said its earning growth 17.3% in the 2nd quarter on strong firm wide sales growth, beating Wall's Street's expectations.
Assume the government purchases decrease by $10 billion, with other factors held constant, including price level. calculate the change if the government, instead of reducing its pruchases, increased autonomous net taxes by $10 billion
As you start your research, you realize your company would make a significant profit from doing business in China.
Calculate the velocity and acceleration vectors and the speed at t=pi/4 for a particle whose position at time t isgiven by vector r(t)=(cost t) i +( cos 2t) j +( cos 3t) k.
At many colleges and universities, businessprofessors receive higher salaries than professors in othersfields. Why might this be the case? Use the Internet and thereadings to answer this question and provide examples.
Describe why a reduce in aggregate demand results in a lower level of employment, given a fixed aggregate supply.
identify an example illustrating the effect on the demand for hybrid gasoline-electric vehicles such as the Toyota Prius. Then do the same for each of the determinants of supply in Equation. In each instance, would equilibrium market price increas..
In the keynesian cross, the consumption function is c=200+0.75(Y-T). planned investment is 100, govt purchase and tax are both 100.
After a two-year testing period, Pat prepared the patent application to patent the device, and then found that just a month earlier one of Pat's testing customers had patented the device. Pat demanded that the customer give up the patent to Pat, ..
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