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Suppose that initially the money supply is ?$4.0 ?trillion, the price level equals 4.00?, the real GDP is ?$6.0 trillion in? base-year dollars and income velocity of money is 6. Then suppose that the Fed cuts the money supply in half but the income velocity of money doubles.
Calculate the price level after all these changes have taken place.
Mountain climbers get in trouble when climbing at high altitude because there is less oxygen in the atmosphere as you go up in altitude.
Distinguish between the crowding-out effect also the Ricardo Barro effect. Elucidate how are the 2 effects related
The production function for puffed rice is- Calculate the Q = 1000 isoquant for this production function and show it on a graph. If K = 10, how many workers are required to produce Q = 1,000? What is the average?
"Because the law of diminishing returns assumes fixed inputs, this principle is a short-run, rather than a long-run concept". Explain.
Stroika Concrete makes bags of easy use concrete for the DIY market. The company mixes their concrete using two ingredients, "Great Grit" and "A1 Aggregate". What is the least cost combination of the ingredients that will satisfy the minimum requirem..
Why invest capital in purely competitive industries with equilibrium margins that are razor thin and entrants that erode quasi- profits? Suppose volume is not exceptionally large, why then?
An alternative to rent-control laws that would not reduce the quantity of housing supplied is:
Analyze the case according to the concepts of Natural Rights. For example, what human rights are being upheld or denied in the case?
A given increase in aggregate demand has a larger effect on national income the less steeply do unit costs rise with increases in production. is this statement true or false .why ?
If an investment of $20,000 is worth $22,076 at the end of one year with quarterly compounding: What is the nominal interest rate per year(APR)? What is the effective interest rate per year (APY)?
In the Windows Server Backup console, which of the following did you use to schedule a backup of the ERP documents folder?
Alexander has been accepted as a freshman at a college two hundred miles from his home for the fall semester. Alexander's wealthy uncle, Michael, decides to give Alexander a car for Christmas. Suppose that Jackson Auto Sales never delivers the car to..
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