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Suppose the Federal Reserve raises its federal-funds-rate target from 0.38% to 1.00%. Explain, both verbally and with a graph of the market for bank reserves (federal funds), how the Fed would conduct open-market sales in order to raise the federal funds rate from 0.38% to 1.00%.
A university in a metropolitan area wishes to increase its evening-school offerings of business-related courses such as marketing, accounting, finance, and management. Who are the target market customers (students) for these courses?
Explain the output effect and the price effect for an oligopoly. How does each influence the oligopolist's production decision?
Consider the game given above. (a) How many histories are in the game? (b) How many sub games are there? (c) How many strategies does player 1 have? Calculate this number. (d) Solve for the sub game perfect equilibrium using backward induction. Indic..
It has been claimed by a well-known papyrologist that during the 4th century the rise of prices in Egypt was a consequence of the debasement of the currency: each price rise reflected a reduction of the silver in the coins. Discuss critically.
What is happening to the value of the U.S. dollar these days? What causes the value of the U.S. dollar to rise or fall? Who demands U.S. dollar? Who supplies U.S. dollar? When we purchase German products, does our demand for euro go up or down? What ..
State briefly the basic characteristics of pure competition, pure monopoly, monopolistic competition, and oligopoly.
q1. two automatic systems for dispensing maps are being compared by the state highway department. the accompanying
The quality and amount of education the typical person receives caries substantially across countries. Assume that education (E) affects only the level of the efficiency of labour, and that countries are otherwise identical (in terms of saving rate, ..
The evidence shows that, over the last 25 years, spending on research and development in the rich countries has
q1. if capital is measured on the vertical axis and labor is measured on the horizontal axis the slope of an isoquant
Using the fundamental equations from the general monetary approach, describe how each of the following will affect the home and foreign price level, real money balances, and the exchange rate, EH/F in the long run. Also, state whether the home curren..
In the year 302, the Roman emperor Diocletian “commanded that there should be cheapness.” His edict declared: Unprincipled greed appears wherever our armies, following the command of the public weal, march, not only in villages and cities but also up..
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