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Why doesn’t the Fed simply keep increasing the growth rate of the money supply at faster and faster rates to drive the unemployment rate lower and lower? Wouldn’t the gains in terms of faster output growth far exceed the losses from inflation?
Explain how the following events affect output, capital and consumption per unit of labor in the long run and along the transition according to Solow's Model: The destruction of 30% of the capital stock because of a natural disaster. A permanent incr..
q.abc sweaters are greatly admired by their aficionados. the demand for these sweaters is given by q 13 - 0.02 p where
q.suppose that a banks customer deposits 4000 in her checking account. the required reserve ratio is 0.25. what are the
Five ice cream vendors take up positions along a beach of length one. You may take it as given that there is a Nash equilibrium with two vendors at some point x, one vendor at 1/2, and two vendors at point 1 x. Find x, and justify your answer.
Discuss Explain how "Game Theory" can be used to improve strategic decision making in competitive situations.
Solve for the new equilibrium. Illustrate what happens to the price received by sellers, the price paid by buyers, and the quantity sold.
Illustrate what can be said about the utilization of resources when 20 airplanes and 20 buses are produced. What is the opportunity cost of increasing the production of airplanes from 50 to 60? From 0 to 10 airplanes.
q.1. an investor buys a property for 1 million with 40 of the purchase price attributable to the land and the balance
Draw a cash flow diagram for just the tax amount due to the depreciaiton, including the gain from this portion at EOY 8. Calculate the present worth of this cash flow. This is the amount gained by depreciating the property.
When you buy 100 shares of IBM it is an investment according to economists. If consumers have few durable goods, this will lower the C line, all other things equal. A corporation is a legal person separate from the owners. Investment is more stable t..
q.suppose you are attempting to buy a used bicycle and you are bargaining with the owner over the sale price. the bike
If the government removes a tax on a good, then the price paid by buyers will
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