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The treasury secretary and the Fed. Occasionally someeconomics or politicians suggest that the Secretary of teh treasurybecome a member of the Federal open market committee. How do youthink that this will affect the opperation of the FederalReserve
Suppose this society produces twenty million tons of food and six million tractors per year. Is it operating on its production possibilities frontier? d. What factors might cause this nation to produce at a point within its production possibilities f..
If the Fed didn't change the money supply, what would happen to the interest rate and if the Fed wanted to keep the interest rate constant following this money demand shock, how would it change the money supply?
For several years, Palm was the dominant manufacturer of PDAs (personal digital assistants). However, a number of other manufacturers have since entered the PDA market.
Take a look at the Productivity Growth Rate over the past twenty years and over last five years, and describe the macro economic implications such as Potential GDP, GDP growth and inflation,
Describe the point elasticity of demand with respect to advertisement
Elucidate the elasticity of demand given the price and income combination.
What is a typical indifference curve for the case in which the marginal utilities of both goods are positive and the marginal rate of substitution of hamburgers for Cokes is diminishing. Explain the relationship between the indifference curve
If a nation's real GDP has increased faster that its population over a period of time, then we would conclude that: real GDP per capita increased faster than real GDP population grew slower than real GDP per capita real GDP per capita.
How did the policies for manufacturers of automobiles evolve? For example, what influences do the following organizations have on business owners, and what is their history?
To decrease the federal deficit, government would have to cut back on government buy, transfer payments, or increase taxes. How does the federal deficit affect GDP and multiplier?
Discuss the optimal method for procuring a modest number of standardized inputs that are sold by many firms in the marketplace. What are the promary advantages and disadvantages of using this method to acquire inputs?
The Federal Reserve unexpectedly increases the rate of growth of the money supply by 1%, and this change is expected to be permanent. What nominal interest rate will banks charge on new mortgages?
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