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Explain how the Fed's use of its three tools of monetary policy affect supply and demand in the market for reserves and the equilibrium federal funds interest rate.
Using the calculations from part a, and the methods described in class, calculate a 99% confidence interval for the population mean forecast, where the population 3 would consist of all economists.
What will the effects of the tax be in the short run on industry output and price. Will the price rise by the full ?ve cents in the short run.
The Blue Dragon Restaurant is a new Chinese Restaurant in town. As the only Chinese restaurant in the area, it faces the following daily demand curve:
Assume that marginal propensity to consume is constant at 1/2 and breakeven point is $8,000. If income is $10,000, n how much will be consumed and how much will be saved.
Discuss the potential conflicts that might occur between that of IT and Operations Management. How might such issues be addressed and resolved.
During the working life, how do you graph that without knowing more information.
when given 5 costs also quantities over 5 months also asked for the arc cost elasticity of demand.
Assume that raising the marginal income tax rate raises $200B which could be spent on infrastructure projects. Explain how would we measure the cost of the project to determine whether it is worth undertaking.
Write down a paper analyzing different approaches that might be used by Keynesian theorists and monetary theorists to promote long-run macroeconomic stability.
Which of following statements is true of a monopoly firm. Drug companies are engaging in price discrimination, but this might improve global social welfare if it gives more people access to drugs
Elucidate how each of the following would affect the demand schedule you derived.
7) in 1988, the average wage rate was 9.45 an hour and in 2008 the average wage rate was 18 an hour. The CPI in 1988 was 118.3 and in 2008 it was 215.3. which is real wage rate is higher?
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