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What is the difference between government granted monopolies and free market monopolies? Which one is more cost efficient and why?
What indicates that we have positive value of perfect information and what is the expected value of perfect information on reserves?
Performance outcome is measured by
Calculate the amount the firm would need on the present date as savings to cover the expected liability. Calculate the amount the firm would need to set aside at the end of each year for the next ten years to cover the expected liability.
What makes a monopolistically competitive firm different than a monopolist?
For the Money Supply, GNP and interest rate series data for the U.S. given on the Springer web site as MACRO.ASC, ?t a VAR three equation model using:- Two lags on each variable
Discuss your example in terms of MORAL HAZARD
How confident would you be in concluding the coefficient estimates are not equal to zero? Why? How do you know? Interpret the coefficient estimates
Describe the difference in assumptions between Adaptive Expectations and Rational Expectation? How does this difference impact the Federal Reserve Bank's.
In 1961, Charles de Gaulle decided he did not want the French franc to be considered as a second-rate currency, so he chopped two zeros off the value.
the demand function for bicycles in mapleville is estimated to beqd 2500 10y - 6 pwhere y denotes income in thousands
In addition, we know that the inflation rate in Switzerland was 12% in 2003. Compute the CPI (base 2002) for Switzerland. Compute the Real Wage in 2002 dollars for both years. Compute the percentage increase in the Real Wage
Explain the relative income hypothesis theory as used as a theory of consumption in macroeconomics.
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