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How does using interest rates as operating or intermediate targets lead to procyclical (reinforcing the cycle) monetary policy? How could policymakers use interest rates in the policy process and avoid pro-cyclical policy?
Illustrate what was the industry's method for determining that there was an inequality.
Compare and contrast between the economic effects of increasing spending versus reducing taxes.
Paper currency is the most easily recognized form of money. How well does paper currency serve the functions of money if we have an inflation rate of 50-percent per year.
Assume that a given set of resources can be used to make either handbags or wallets. The MC of a handbag is $19 and MC of a wallet is $10.
If the full-employment level of Y is $250, what fiscal policy might the government follow? d. Suppose Y = $200, C = $160, S = $40, and I = $40. Is Nurd's economy in equilibrium
Explain how does the EU help it's members economy Do we need a EU. What are positive and negative points to members.
Explain how an AS shock such as a sudden increase in oil prices would affect the economy first in the short run and then in the long run. Assume that the United States is initially operating at its full-employment level of output.
Illustrate why is it difficult for the Fed to decide whether or not to change its interest rate target in the federal funds market.
Please evaluate the effect of the following scenario on the AD curve, AS curve, and accordingly the effect on equilibrium price level and equilibrium GDP/output.
What is the hypothesized elasticity of demand for one product/service that is produced by the company (or a product/company you are familiar with)?
Starting salaries of economics majors have a mean of $47,000/year with a standard deviation of $8,000. What is the probability that a random sample of 100 majors will have an average salary of more than $50,000 year?
Do you think we, as customers will be more price sensitive also price conscious. What do you think this means for luxury goods.
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