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Get a copy of the latest Federal Reserve bulletn at your library and find out the most recent data on m1, m2 and m3. How have these aggregates been growing in the past year compared with the values? (Dean Croushore, Money and Banking). If you can, download the data from the internet, and see if you can plot the data to compare. Can you explain why the growth rates have changed recently?
A traditional definition of economics 'efficient utilization of limited productive resources for the purpose of attaining maximum satisfaction of human material wants.'
Many states give companies with an investment tax credit that effectively decrease the value of capital. In theory these credits are designed to stimulate new investment and thus create jobs.
Polly's Pet Store on the Island of Atlantis has a local monopoly on the grooming of dogs. There are 1,000,000 citizens of the Island of Atlantis and 75% of them love and want dogs, but there are only enough dogs on the island for 25% of them to ha..
Elucidate the difference among the statement "the money supply is fixed" and the statement "the money supply is exogenous".
One of the major issues in macroeconomics is disagreement in the debate over policy activism versus policy rules. Illustrate what exactly is that disagreement.
Suppose voter A perfers candidate 1 to 2 to 3 to 4 (where there are 4 candidates). Show that all actions that consist of voting for up to three candidates and not skipping a lower numbered candidate are not weakly dominated (voting for 1 only, vo..
which are the endogenous variables (y & x3) and the exogenous (Z, X2). also which equation is identified or not identified or overidentified, an explination as to why this is would be great.suppose you have the following simultaneous equations mode..
As advisors insists that this would not work, another advisor thinks it's good policy. Which advisor is correct.
Once it is describe to be elastic or inelastic, explain how do you come to that conclusion.
Illustrate what happens to the natural rate of unemployment and potential GDP if cyclical unemployment.
Explain why do economists attempting to forecast short run future changes in real GDP and employment look closely at data on business inventories and unfilled orders.
A firm in a perfectly competitive market invents a new method of production that lowers its marginal costs. what happens to its output or what happens to the price it charges.
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