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The total money supply M has two components: bank deposits D and cash holdings C, which we assume to bear a constant ration CD=c, 0<c<1. The high-powered money H is defined as the sum of cash holdings held by the public and the reserves held by the banks. Bank reserves are fraction of bank deposits,determined by the reserve ratio r, 0<r<1.
a) Express the money supply M as a function of high- powered money H.
b) Would an increase in the reserve ratio or lower the money supply?
c) How would an increase in the cash-deposit ratio c affect the money supply?
Based on the different approaches to international relations (from Chapter 12) how do has the US designed their response to the problems of international terrorism and terrorist groups (such as ISIS)?
Why is economic growth difficult for some countries - Aggregate production function - Effective at stimulating the economy through increases in government spending and money supply adjustments.
consider the following keynesian closed economy model.real money demand l 0.2y - 200rfull-employment equilibrium
Describle a firm you think has been highly innovative. Which of the four types of innovation radical, incremental, disruptive, or architectural --did it use? Did the firm use different types over time?
explain why the typical college student knows more about the differences between various brands of pizza then about the debate on national health care, even though health care is way more important then pizza.
Suppose the relationships hold true and given performance below, what salary would you estimate for each player in 2006.
Compute utility function that corresponds to a constant Arrow-Pratt measure of absolute risk-aversion.
What were the stated goals of the policy makers (the fed and/or the US federal government) at the time? What specific policies were used to address the problems seen during the year?
1. What is price elasticity of demand? How is it measured? If the price elasticity is -3 and $300 is the marginal cost of product X, what should be the optimal sale price? (Hint: apply the mark-up rule)
The law is sometimes thought of as a foreign language due to all of the legalese in contracts. Insurance contracts, especially, are notorious for being incredibly difficult to understand.
Considering your country and generally considering the knowledge of economics, what are the four main economic goals in our countries irrespective of whatever political party is in power?
Output the sum of all the integers in the array and the average of all the integers in the array.
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