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Discuss if you think policy makers truly represent the citizenry or are they pressured by third party special interest groups that support their campaigns. Should they represent both?
Using appropriate graphs, explain how the following will affect the size of the autonomous expenditure multiplier, other things being constant.
Smoothing techniques are a form of ___________ techniques which assume that there is an underlying pattern to be found in the historical values of a variable that is being forecast.
Suppose the city eliminates its restrictions on books stores, allowing additional stores to enter the marketplace.
How does Mises' system of dividing components of business help direct profits to efficient units? How does this relate to decision rights?
A country produces two crops– paddy and wheat. Given the price of paddy(Pp) and wheat(Pw), the relationship of labor allocation is shown as MPLpXPp = MPLwXPw = w, where MPLp and MPLw are marginal products of labor for the two. If wheat’s price increa..
Suppose the price of capital in the restaurant industry decreases. Explain how the decrease in the price of capital affects the demand for labor in the restaurant industry. The supply of a particular type of labor to a firm is less elastic than the s..
Suppose the premium on a 6-month S&R call is $ 107.5 and the premium on a put with the same strike price is $ 59.3. Assuming that the effective annual interest rate is 3 %, and that today's price for the non-dividend paying S&R index is $ 1,000, what..
From the beginning of the 1990s to the year 2000, investment spending as a share of U.S. GDP has tended to: If the nominal interest rate is 6 percent and the inflation rate is 4 percent, then the real rate of interest is: Borrowers and lenders make t..
Elucidate why relatively flat as opposite relatively steep worker demand curves are more consistent with the empirical observation.
Suppose the T-account for ABC bank is as follows: assets: reserves($150000), loans(250,000)and deposits $400,000.if the fed requires banks to hold a 10 percent of deposits as reserves explain how much in excess reserves does ABC holds.
The banking industry in Athens, Ohio currently has 4 banks with market shares of 60%, 20%, 15% and 5%. The 2 smallest banks have proposed merging. Under the standard merger guidelines of the Fed and DOJ, is a merger likely to be approved? If so, why?..
A diagram representing consumer and producer surplus; as well as any deadweight loss.
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