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Under a gold standard, countries may adopt excessively contractionary monetary policies as all countries scramble in vain for a larger share of the limited supply of world gold reserves.
Can the same problem arise under a reserve currency standard when bonds denominated in different currencies are all perfect substitutes?
Describe what long-term economic growth is and if there are any limits to the U.S. long-term economic growth.
Characterize each of the following statements as true or false, and explain your answer.
if unit labor costs in Spain and Portugal rise, but unit labor costs in Germany decline and other producer prices remain unchanged, what effect should these factors by themselves have on export trade and why
If a firm has created value is it also always able to capture that value How does a firm create value and then what must it be able to do to capture that value Please provide an example of a firm that has been able to create value.
your company invests funds in greece. the company claims that the investment will grow to 10 times the original
Suppose that the income effect of the tax induced price change is negligible, the excess burden of the tax will be.
Time inconsistencies (based on Barro-Gordon (1983), "Rules, Discretion, and Reputation in a Model of Monetary Policy", Journal of Monetary Economics, 12:101-121) Assume that the preferences of the benevolent policy maker can be represented through..
1. Explain the functionality and use of typical network protocols. 2. Analyze network components and their primary functions in a typical data network from both logical and physical perspectives.
Given the above information, what is the marginal propensity to consume? Show your work and provide the general formula for the MPC. Given the above information, what is the marginal propensity to save? Show your work and provide the general formul..
If money demand for speculative purpose is$ 5000 and money demanded for transaction motive is $ 40 000. if money demanded for speculative purpose increases by $ 5000, what is the new total demand for money using Keynesian Theory of Money Demand.
Suppose that over a range of prices, the price elasticity of demand varies from 15.0 to 2.5. Over another range of prices, the price elasticity of demand varies from 1.5 to 0.75. What can you say about total revenue and the total revenue curve
Jim would like to send a secret message to a friend using a sequence of words followed by a sequence of integers. Jim knows this secret message could be easily decoded, but it a first attempt to use cryptography for privacy purposes. The first int..
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