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According to official government numbers inflation has recently run at a rate of about 2% a year. Do you find this number believable? Why or why not?
Illustrate what assumptions is the theory based, and how plausible are these assumptions.
Suppose that natural real output in the country of Eudemonia grows at a steady rate of 3 percent per year. In the past, velocity has been approximately constant, and the Eudemonian Central Bank (ECB) has maintained a target reate of growth of 4 pe..
Your hospital is considering opening a satellite urgent care center about five miles from your main campus. You have been charged with gathering demographic information that might affect the demand for the center's services. What data are likely t..
What feature in this example leads to the result that you don't need to know the amount of taxes collected by the government to find the equilibrium?
Is the Demand for this good Price elastic or Price inelastic
Elucidate the three Federal Reserve tools used to undertake a tight monetary policy.
This is an extremely unusual event because no other country in the world has seen negative interest rates during the last fifty years. How could this happen?
Huntington suggests that the emerging global economy will increasingly be faced with violent clashes between civilizations. Elucidate what Huntington means by the term civilization and why such clashes may be expected.
hat is your expected utility without insurance? Suppose you can buy insurance that will cover the medical expenses but not the foregone part of your salary. How much is an actuarially fair policy, and what is your expected utility if you buy it?
You work as an analyst at an investment bank. The CEO of the firm just came back from the Annual Policy Symposium at Jackson Hole. He tells you that he listened to the presentation by Professor Robert Hall, who chairs the National Bureau of Econom..
Eluciadte the work of how the answer was derived. David Upton is president of Upton Manufacturing.
How much can Jack consume this month, if he consumes his whole income from this month, and borrows against the whole income next month? Similarly, what is most that Jack can consume next month?
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