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State whether the following are primarily microeconomic or macroeconomic policy issues:
a. Should U.S. interest rates be lowered to decrease the amount of unemployment?
b. Will the fact that more and more doctors are selling their practices to managed care networks increase the efficiency of medical providers?
c. Should the current federal income tax be lowered to reduce unemployment?
d. Should the federal minimum wage be raised?
e. Should Sprint and Verizon both be allowed to build local phone networks?
f. Should commercial banks be required to provide loans in all areas of the territory from which they accept deposits?
The availability of investment capital is critical for a market economy to grow. Explain how this investment capital is transformed into fixed capital goods, new technology, and cost reduction using new methods of production. Also, explain how int..
If money supply increases by 5%, what will be the impact on price level if the output increases by 2% and the interest rate remains constant?
For each of the graphs in Figure 1, determine whether the curve has a positive or negative slope. Give an intuitive explanation for what is happening with the slope of each curve.
Suppose annual salaries for sales associates from a particular store have a mean of $32,500 and a standard deviation of $2,500. a. Calculate and interpret the z-score for a sales associate who makes $36,000.
A monopolistically competitive firm produces a level of output at which price equals $80, marginal revenue equals $40, average total cost equals $100, marginal cost equals $40, and average fixed costs equals $10.
What are the values of the regression standard error and the R2? Find the standard error for the least-squares slope. Show your work.
There exist a single valid instruments zli. then the model is Select one: overidentified, underidentified and exactly identified
If you were planning on becoming a Wall Street financier, would you be more likely to take out loans or enroll in the Yale program? Why?
If farmers were charged the same price as city residents pay, how would the price of agricultural produce, the quantity of produce grown, consumer surplus, and producer surplus change?
Period company return market index return, Determine the company and the market index and show the calculations.
Make a graph to illustrate the market for tomatoes in January 2009 and January 2010.
Professor's Overview of the Final Exam There are no readings this week. Your sole task is to answer the three questions that comprise the final exam for this course. Your answers to each of the three questions should be approximately 2-4 pages long, ..
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