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As you may recall from the readings, money demand rises when the price level rises because people will need more money to make their everyday purchases. For example, if the price index rose from 100 to 140.
Use this increase to calculate how many extra dollars an individual will need to buy the following:
a. Fifteen gallons of gas that initially sold for $1.24 per gallon.
b. An apartment that originally rented for $900 per month.
c. A movie ticket that initially cost $7.
Consider a Ricardian model.
the republican and democratic national conventions have concluded. evaluate the performance and significance of each
abc inc. has 1000 shares of 5 100 par value cumulative preferred stock and 50000 shares of 1 par value common stock
Comment on the acceptability of the model's ability to pick up the systematic variation in your Fit period actual data and develop a one year forecast
you are starting your own internet business. you decide to form a company that will sell cookbooks online.
What share will be paid by the consumer in the long run? How about the short run? Provide some intuition for why these are different.
Tempura, Inc., is considering two projects. Project A requires an investment of $58,000. Estimated annual receipts for 20 years are $25,000; estimated annual costs are $12,500.
Industry structure is often measured through calculating the Four-Firm Concentration Ratio. Assume you've an industry with 20 firms and the CR is 30%. How would you describe this industry?
assume you are a policymaker in washington dc. lobbyists for the preschoolers of america have put pressure on their
Although the company does not have the resources needed to supervise the workers, a full time inspector verifies the quality of each unit produced before a worker is paid for his or her output.
Bank A has a leverage ratio of 10, while Bank B has a leverage ratio of 20. Similar losses on bank loans at the two banks cause the value of their assets to fall by 7 percent.
To increase income by $120 when the slope of the curve showing the relationship among your income and work hours is 8, how many extra hours will you need to work? In a market economy, what encourages firms to develop new products and production proce..
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