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While playing around with old economic data in your spare time, you find that in 1963 the unemployment rate was 5.7 percent and the inflation rate was 1.6 percent; in 1972, the unemployment rate was 5.6 percent and the inflation rate was 3.4 percent; in 1979, unemployment was 5.8 percent and inflation was 13.3 percent; in 1988, unemployment was 5.5 percent and inflation was 4.4 percent; in 1996, unemployment was 5.4 percent and inflation was 3.3 percent. Does this evidence necessarily imply anything about the shape of the SRIA curve? How might you interpret these data?
Which combination(s) in part (c) lie inside the affordable set, and which lie on the boundary?
CRA CDs, Inc., wants the mean lengths of the "cuts" on a CD to be 135 seconds (2 minutes and 15 seconds). This will allow the disk jockeys to have plenty of time for commercials within each 10-minute segment.
Ray loves going to the movie theater. There is always something Ray is willing to see (or watch for a second or third time!). The table on the left shows Ray's total benefits (or total willingness to pay) associated with seeing movies at the movie
show all cash flow diagrams show all steps1.nbsp a individual is borrowing 175000 for a 15 year loan at 4.17 per year
a. Solve for equilibrium output. Illustrate the equilibrium in the ISLM diagram. What is the value of the multiplier - Now let investment depend on both sales and the interest rate: I=b0+b1Y-b2i b. Solve for the equilibrium output (assume c1+b1
The marginal cost of providing 25 neighborhood street lamps is $2000. There are 3 people living in the neighborhood. Person 1 is willing to pay $800 for the 25 lamps and person 2 is willing to pay $300 for the 25 street lamps.
why do nations not just eliminate their trade barriers, and not bother with international trade negotiations?
How many pure strategy equilibria does the following game have?
What would be banks' options to come up with the "cash"?
In contrast, macroeconomics is concerned with things that affect the country as a whole, such as how the rate of teenage smoking in the United States would be affected by an increase in the tax on cigarettes."
Data on historical national health expenditures
In Argentina, if you do not reach an agreement with the government distributors, you can set up a less efficient Internet-based distribution system that you would generate $20 million in value to you. How does this affect the amount you could capt..
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