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What's the difference between a web site and a web application?
What is the effect of increasing the federal minimum wage gradually to $15-per-hour by 2020 ? would it substantially increase aggregate output in the US economy?
What might be your variable costs be in the short run and how would you measure these That is, what items are the sources of your variable costs and how would you go about measuring the costs associated with them.
Draw the AD and AS curves, and assume that equilibrium is at a point where output is below the natural level of output. Suppose that the central bank increases the money stock. What will be the effects on output in the short run and in the medium ..
What would be the consumer buying response to Coca-Cola if the price of Pepsi doubled? If the prices of Coca-Cola and Pepsi remained constant, what would be the typical buying response to these products if consumer income was reduced by 30%? Suppose ..
What do monetarists think are the short-term effects and the long-term effects of using discretionary monetary policy to smooth out economic fluctuations caused by the business cycle? What is their advice for controlling the money supply?
From an ERM perspective, identify and briefly discuss two types of ERM risks. For each risk you identify, indicate if it is a pure or speculative risk. Justify your answer in both cases.
Assume that the Fed perceives inflation on the horizon and decides to pursue a contractionary monetary policy.
If there is no currency drain and all funds loaned out by this bank are deposited back in this bank, what are the bank's excess reserves, if any, after the new deposit has been made and how much new loan this bank might be able to create.
Suppose that in the simple Australian economy three goods are produced: beds, pillows and sheets. The quantities produced and their corresponding prices for 2011 and 2012 are shown in the following table. What is real GDP in 2012, using 2011 as a ..
What two conditions are required for effective competition in a market? How does competition limit the abuse of economic power by self-interested individual buyers or sellers?
Studies have concluded that the dead weight loss of monopoly power in the United States is less than 0.5 percent of GNP. From your knowledge of the determinants of the dead-weight loss, explain why such a small figure is plausible.
The maintenance price rose by 6% per year instead of the fixed amount what is the present value of the maintenance costs.
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