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1. The Federal Reserve System divides the nation into 12 districts.
a. List the 12 cities where the district banks are located.
b. Which Federal Reserve district do you live in?
2. Briefly describe the functions the Fed performs for the banking community. In what sense is the Fed the bankers' bank?
Figure 3-4 is a basic illustration of the Solow growth model. Interpret it, being careful to explain the meaning of the saving and investment requirement lines. Why does the steady state occur where they cross?
Suppose that the signal is no longer available. Which kinds of job will be filled by which types of workers, and at what wages? Who gains and who loses?
Is this an externality, given that you yourself are suffering from slow traffic?
Assuming that all of the other components are ideal, what is the limitation on the value of RC? What is the tolerance of the clock frequency which will ensure less than 0.5 LSB of INL?
The following data are collected for a computer manufacturer company: Quantity Price per unit Total cost of production 0 $225,000 $200,000 1 225,000 250,000 2 175,000 275,000 3 150,000 325,000 4 125,000 400,000 5 90,000 500,000.
MexicoTech, a Mexican company is offering ADRs in the US stock market. Presently its stock is traded in Mexico at 440 pesos per share while the peso exchange rate against the US dollar is 11 pesos per dollar. There are 500 shares of stock in each ..
given the following variables in the open economy aggregate expenditure model, autonomus consumption=200, autonomus investment=200, government spending=100, export spending=100, taxes=0, marginal propensity to consume=0.8
The typical elephant has an expected life span of 60 years. How would its analysis of rent control differ from Frudos? Illustrate with a complete graph.
Explain what must be done when fully replicating a database but allowing only one computer to process updates.
Determine the relevant payouts for all of the possible outcomes, and draw the extensive form of the game Jen and the lawyer are playing.
Assuming price remained at $8 but production was cut to 3 million meals per day, calculate producer surplus and consumer surplus. Calculate the deadweight loss from underproduction.
Suppose that tiger farming is legalized and that this has the effect of reducing the marginal cost of tiger conservation by $15 million for each 2,000-tiger population increment in the table. What is the new socially optimal population of wild tig..
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