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Please write in some detail on all of the followings:
1. Please distinguish between reserve, required reserve, excess reserve.
2. Please explain how the three traditional tools of monetary policy work in terms of expansionary and contractionary monetary policy.
3. Banks create money. How?
4. Please distinguish among: bank panic, bank run and bank failure
5. Please distinguish between: M1 and M2.
6. What are the two responsibilities of the Federal Reserve?
7. FOMC: what does it mean? What are its functions?
Idea that a country can simultaneously pursue only two of the three following policies: free international-capital flows, monetary policy for domestic stabilization, and a fixed exchange rate.
A sporting goods store has estimated the demand curve for a popular brand of running shoes as a function of price. Compute demand elasticity using the midpoint formula.
The market is in long-run equilibrium. What market structure best describes the pizza market in this town? Explain. What is average variable cost at this output level for each of the four shops? Explain how you derived this result.
q1. briefly discuss the similarities and differences between producer equilibrium and consumer equilibrium.q2. assume
Which of explanatory variables in regression are statistically significant, Elucidate. How much of total variation in pie sales does regression model elucidate.
Let’s compare the incentives generated by two different types of public programs. The Aid to Families with Dependent Children (AFDC welfare before reform) provides an income subsidy, G, at 0 hours of work, it is taxed away at a rate t when an individ..
The U.S. government issues a coupon bond with the coupon rate 5% and the maturity 20 years. The bond with a face value of $1000 is sold at a present value of $900. Calculate the yield to maturity of the two bonds. Are the two bonds sharing the same y..
q.1. lee has the utility function ux1 x2 x11x24 the price of x2 is 1. lee spends all his income to buy 6 units of x2
Jamal has a utility function U=(w^1/2) , where W is his wealth in millions of dollars and U is the utility he obtains from that wealth. In the final stage of a game show, the host offers Jamal a choice between (A) $4 Million for sure, or (B) a gamble..
Social Security has revenues of $1.8 trillion and expenditures of $1.3 trillion. The nonsocial Security budget has revenue of $2.1 trillion and expenditures of $2.4 trillion. The official budget will report a _______________ (deficit/surplus) of $___..
Why the incidence of the tax a consideration when government imposes this tax increase.
fundamental economic concepts please respond to the followinganswer the following discussions based on the katrinas
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