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Suppose the velocity of money is constant at 10 transactions per year, the price level for this year is $4, and real GDP this year is $6,000,000.
What is the money supply this year?
Carmen's preferences are such that she is always indifferent between watching two movies or seeing one basketball game. Suppose that Carmen has an income of $90. If a movie costs $10, and a basketball game costs $18, what will Carmen's optimal consum..
q1. assume that the autarky charge of commodity x is 10 in nation a 8 in nation b as well as 6 in nation c as well as
In addition to reviewing all the course materials, you should view the movie Inside Job, which is a look at corporate accountability regarding the ongoing international financial crisis. Incorporating facts and ideas presented in the course, includin..
if people never withdraw cash from banks, what how much money could the banking system potentially create.
A firm that acquires a substitute product can reduce inter-product cannibalization by
Consider the case of a gold standard economy, What effect would you expect an increase in the price of gold to have on the level of domestic real GDP, and why? What effect would you expect the change in real GDP to have on net exports?
Is this analysis consistent with the proposition which money has real effects in the short run but is neutral in the long run.
51.q1. clarify export promotion policies as well as import substitution policies with examples of countries that
illustrate what does the efficient market hypothesis say will happen to the price of the stock when the $4 loss is announced.
If a firm is losses money, it might be enhanced to stay in business in the short run. Is this statement ever true.
How to calculate the elasticity coefficient between each of the seven prices and indicate whether the character of demand is Elastic.
q1. according to a study of u.s. cigarette sales between 1955 and 1985 when the price of cigarettes was 1 higher
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