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Give a comprehensive definition of equilibrium in relation to firms and conditions necessary for it to be realized.
1.A bank has $1 million in vault cash, $5 million in short term Treasury securities and $20 million in deposits at a Federal Reserve Bank.
In the late 1990s a growing number of economists argued that world policymakers were focusing too much on fighting inflation. The economists also argued that the technical level of potential output had risen. Show their argument using the AS/AD mo..
Describe the probable impact of an increase in government spending assuming no change in taxes or private spending and less than full-employment output.
Consider a Stackelberg game with three firms (1, 2 and 3) where firm 1 moves first and firm 3 moves last. What quantities will they choose if they have zero costs and the demand curve is p = 100 - q
Balance of payments identities. Recalling the balance of payments identity, CA + FA + ORT ≡ 0, answer the following questions. If CA > 0 and the central bank is neither accumulating nor decumulating foreign exchange reserves, what must be true abou..
When an employee walks away from work with a box of pens that belong to their employer;
Which country is capital abundant according to the Heckscher-Ohlin theorem? Given your answer to (a), draw the PPF for Canada. Also draw the indifference curve and the relative price line for the no-trade equilibrium.
Evaluate the range of marginal revenues
You work as an analyst at an investment bank. The CEO of the firm just came back from the Annual Policy Symposium at Jackson Hole. He tells you that he listened to the presentation by Professor Robert Hall, who chairs the National Bureau of Econom..
What is the main assumption in a Randomized Complete block design, that is contrary to the assumption of an incomplete block design?
1. truefalseuncertain. read the statements carefully. decide whether the statement is true false or uncertain. explain
"Behavioral bias is emotional bias and its not correct pure rational behavioral is process of economic decision making today i will decide as per economic condition not as per emotions"
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