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a) Discuss how the Fed affects interest rates-the process?
b) In October of 2008, the Fed stepped in as lender of last resort, explain this action.
c) The US Federal Reserve is asking people for their comments on what steps we would like to see in changes in the currents banking practices, discuss.
d) What is the Central Bank Independence?
What is the expected cost of producing the 1000th unit if the cost of producing the first was $850 and the expected learning rate is 90%?
Are there any nice examples of firms using attachment bias to increase profits? Examples from the academic literature or well-motivated anecdotes are both acceptable. For instance, pet stores seem to let you play with the animals and GM used to have ..
What is average length of "place order line". What is average length of "pick up line". What is average number of customers in drive through area.
Graphically illustrate the total surplus associated with 2 randomly chosen quantities in the market (put this on two separate diagrams).
Explain is any outcome generated by a Nash equilibrium not generated by any subgame perfect equilibrium.
Cite the major functions of the district Federal Reserve banks. Brief overview of monetary policy. Brief overview of the Board of Governors.
"Some people with diabetes absolutely need to take insulin on a regular basis to survive. At the same time, pharmaceutical companies that make insulin could find a lot of other ways to make some money. If the U.S. government imposes a tax on insulin ..
a change in populationassume a one-time decrease in population possibly caused by an onset of disease or a sudden
If the marketplace for organic apples is perfectly competitive which of the subsequent statements is inconsistent with the statement above.
Consider the following model of international migration. The potential migrants originate in country 0, the source country. Suppose the distribution of skills in the source country uniform over the closed interval [1, 100]. That is, worker 1 has 1 ef..
What is the difference between real and nominal GDP? Does GDP accurately reflect the nation’s welfare? Why or why not? How can a country’s GDP be manipulated? In your opinion, is the U.S. GDP being manipulated? Explain your answer.
Elucidate the implication of the efficiency wage theory for unemployment. In what way are piece rates, commissions, royalties, profit sharing, and stock options substitutes for efficiency wages.
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