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What factors make the fed independent from politicts? Why is there so much political pressure on the fed, despite its independence? How does the fed work to protect itself from political pressure? Explain hot the fed can increase the money supply by engaging in open market operations. What role do the banks play in this process?What are the feds four tools for affecting the money supply? Which tool is used most commonly?
Part 1. Identify most sold bread type
you are the owner of a fast food restaurant. given a new item that you recently advertised you experience additional
Suppose a firms production function is given by Q= L^1/2 * K^1/2. The marginal product of labor and the marginal product of capital are given by: MPL= K^1/2 /2L^1/2 and MPk= L^1/2/2K^ 1/2.
a) What level of man-hours will maximize total output?
Provide a plot the time series data on U.S. GDP.
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How does an increase in population affect potential real GDP? In your answer, be sure to mention the role played by the labor market.
what do you think are the pluses advantages and minuses disadvantages when firms have market power? be sure to explain
Scarcity underlies the need for an economic system of any type. What is scarcity? Is it possible to ever eliminate scarcity? In what two ways could an economy try to eliminate scarcity? Will these attempts ever be successful?
communication is an integral part of how humans to relate to one another both individually and by group. language is
a generous university benefactor has agreed to donate a large amount of money for student scholarships. the money can
What would a marginal benefit / marginal cost graph look like if zero pollution was the optimal level? (Multiple answers allowed) The marginal cost and marginal benefit curves intersect on the y-axis.
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