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In March of 2009, the Fed bought government securities in the open market. The most likely effect of this policy is: A. an increase in the Federal funds rate. B. an increase in the interest rate on credit cards. C. a decrease in the Federal funds rate. D. a decrease in the interest rate on credit cards.
Tell me about ancient Greek Economic thought with respect to: Markets vs. the household 2) Value and Wealth 3) Private Property. What is the nature of the revolution that Heilbroner talks about in his Chapter “The Econoimc Revolution”?. What Role did..
If the reserve requirement is changed to 5 percent, Explain how much can First Bank lend and by Explain how much can the money supply be expanded.
Suppose that the demand for bentonite is given by Q = 40 ? 0.5P, where Q is in tons of bentonite per day and P is the price per ton. Bentonite is produced by a monopolist at a constant marginal and average total cost of $10 per ton. How much profit i..
As a second alternative, Mrs. Siegal can take pain killers. Each pill costs 50 cents also Mrs. Siegal needs to take 30 pills every month.
Define the marginal revenue product (MRPL ) and the marginal cost (MCL ) of labor. Explain why the condition MRPL = MCL is necessary for profit maximization.
Consider a utility function where Utility in period t if a person exercises is 2, and utility in period t+1 if they exercise is 8. On the other hand if they donít exercise, their utility in period t is 6, and their utility in period t+1 is 4.
Advise the firm on how to plan production in the coming month if average income is set to increase by 12%.
After spending a substantial amount of revenue doing market research in foreign markets you found that there are numerous ethical and legal that should be taken into consideration. What are some of the key factors that should be taken into considerat..
Your sales are $63,000.00 and your stock is reduced by $27,000.00 worth of markdowns. Your receipts are $75,000.00. What is your ending inventory?
Other things remain the same, what would be the short-run effect of a permanent increase in the Japan’s money supply on the Yen/Dollar (¥/$) exchange rate? What is the impact on the Yen/Dollar (¥/$) exchange rate if real GNP in Japan, due to the stim..
All 500 consumers in a market have identical demand for a product that is described by individual demand curves P=40-2q. A monopolist produces the product and has a cost function of TC(Q)=10000+8Q. What is the monopolist's maximum profit if it uses a..
Addressing inflation using Fiscal and Monetary Policy tools. Scenario -The US economy is currently experiencing high rates of inflation. You have Fiscal and Monetary policy tools available to address this problem: To attack the problem of inflation y..
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