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What are the three Factors that Affect the Monetary Base other than printing money?
Define open market purchases by the FED?
Define the Federal Funds Rate?
Calculate the trade balance among the U.S. also China for the period. Analysis by using appropriate examples.
Note from the table that when the professor announced that the textbook would be required, the buyer value for each of the buyers increased by $8. According to the model of supply and demand, which statement best describes what happened to the equili..
A population has a mean=72 and a standard deviation s=28. Find the mean and standard deviation of a sampling distribution of sample means with sample size n=49.
In the run up to the 2008 US presidential election, both major contenders, John McCain and Barack Obama, promised that if they were elected they would push for significant new discretionary fiscal policy in 2009. In your initial discussion post, do y..
Suppose Danielle consumes pancakes and waffles. Her utility function can be expressed as U(P,W)=10P^.75 W^.5. Furthermore, suppose the price of pancakes is $4.00 and the price of waffles is $2.50. Define Danielle’s marginal rate of substitution for P..
Assume there is uncertainty about the costs of disposing of the waste: There is a fifty-fifty chance that they will be $10,000 or #30,000. Discuss how this uncertainty affects the cost-benefit calculation, if the government is risk neutral, that is ,..
Problem 1.2 A justification for job training programs is that they improve worker productivity. Suppose that you are asked to evaluate whether more job training makes workers more productive. However, rather than having data on individual worker..
Assume a specific factors economy produces two goods, cloth and food, and that when representing the output of this economy graphically, cloth is on the x-axis and food is on the y-axis. Movement of labor from a Foreign country to the domestic (Home)..
Assume an interest rate of 12%. Use annual cash flow analysis to determine which machine should be chosen
If all production processes were subject to constant returns to scales for all output levels, monopolistic competition would not lead to the problem of “excess capacity”. Monopolistic competition is characterized by free entry and exit so in the long..
Why do some firms use "yield management systems"? Under what circumstances can firms use yield management, and why do they do it?
Based on your calculations in question 1, indicate whether the price elasticity of demand is elastic, inelastic or unit elastic for each time period given in Table 1. What factors might explain the price elasticity of demand for private car travel on..
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