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Referring to the 10-year historical period 1955-1965 discuss an example of a change in autonomous spending. Research a government policy implemented during that time and discuss the multiplier effect it had on the economy.
The USA has persistently reported large current account deficits on its balance of payments.
Obtain cluster-robust standard errors. Compare with OLS estimates of the differenced model.
If the company, operating blindly with no degree requirements, were to pay an average wage of $45,000, what would most of its applicants look like?
We know that arbitrage will equalize rates of return. Does it also guarantee to equalize prices? In what situations will it also equalize prices?
Distinguish between policy targets, policy instruments and policy goals in government management of the macro economy.
Home, Sweet Home. Suppose Ms. Profligate and Mr. Discipline both purchase identical $185,000 homes in Marietta, GA on January 1, 2012. They both have good credit and qualify for a loan with no down payment and 4.8% financing.
The current price in the CPI for a pound of coffee is $7.25, and it is projected to increase next year by 2%, then decrease by 3% in the following year, and then increase by 5% the third year. What is the average inflation rate for the projected p..
Equation (7) in Section 20-5 tells us that inflation differentials, interest differentials, and depreciation rates are all approximately equal
Assume the city imposes a new requirement for a $100 per year taxi license fee for all drivers. Assume the regulated price remains fixed at $40. how many rides will the driver provide now and what are his profits
Suppose that the economy is thought to be 2% above potential (that is, the output gap is 2%) when potential output grows 4% per year. Suppose also that the Fed is following the Taylor rule, with an inflation rate of 2% over the past year.
Define backward induction. How can backward induction be used to solve a strategic game?
Chad's income went from $1000 per week to $1500 per week.As a result he increased his consumption of steak from 1 pound aweek to 3 pounds a week. Based on his consumption patterns,what is the income elasticity of steak for Chad.
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