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For Econ 470 question: In December 2008, the federal funds rate hit the zero lower bound, where it remained until December 2015.How could the Fed have used the interest on reserves to raise the federal funds rate?
Which one of the following is an example of passive policy? making?
Using the substitution method, derive the demand functions for the “quasi-linear” utility function 2B^0.5 + F. Fixing the price of food and income, show how whether both goods are consumed (an “interior” solution) or only basics are consumed (a “corn..
For many years the Argentinean peso was pegged to the U.S. dollar. Using the IS-LM-FX model for Home (Argentina) and Foreign (US dollar), illustrate how an increase in taxes in Argentina affected the following variables in Argentina (increase, decrea..
Suppose that several months of data showed the CPI increasing at a 4 % annual rate due largely to increases in the price of energy and food related commodities following several years when the CPI only increased by 2.2 % per year. What would you expe..
The Bank of England has switched from interest rate cuts to "quantitative easing" This policy involves buying bonds from commercial banks in the hope that these institutions will again lend in vast quantities to businesses and individuals after sitti..
The GDP price index is A. a measure of the price of a specified collection of goods and services compared to the average of the prices of a highly similar collection of goods and services for the last ten years.
Describe the effects of the sugar quota. In 2005, imports were limited to 5.3 billion pounds, which pushed the domestic price to 27 cents per pound. Suppose imports were expanded to 10 billion pounds. What would be the new U.S. domestic price? How mu..
A tractor costs $19,195 and will be used for 5 years, at which time its estimated salvage value will be $4,000. Maintenance costs are estimated to be $100 for the first year, increasing by $100 each year thereafter. If i=12%, calculate the equivalent..
Jaynet spends $25,000 per year on painting supplies and storage space. She recently received two job offers from a famous marketing firm – one offer was for $105,000 per year, and the other was for $85,000. What are her accounting profits? What are h..
Describe one or more specific examples of how businesses you know are using one-to-one communication to build a stronger relationship with you. (Note: Often these are little things done to build rapport and loyalty
Arguments in favor of active economic policy include all of the following except:
What are The Bill of Rights and who pushed for them to become part of the US Constitution? What would have happened if The Bill of Rights was not added to the US Constitution?
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