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1. Assume the money supply (M) is $1,200 billion, bank deposits (D) are $800 billion and the required reserve ratio is 10%. What would the Fed have to do (in terms of open market operations) to lower the money supply by 5%? Explain. (Note assume that there are no excess reserves.)
2. Consider the initial situation in the problem above. Suppose that the Fed wanted to increase the money supply by 10%. What should it do in terms of open market operations? Explain.
Suppose that due to a new government study, consumer preferences for chicken suddenly increase. In the model of consumer theory, this would be represented by, During the 1990s, some countries lifted price ceiling on eggs.
Discuss perfect competition and long-run equilibrium. Provide detailed descriptions, definitions and concrete examples of your findings. Additionally, how does the proliferation of global trade and competition contribute to markets moving more awa..
In the past decade, the United States has been running extraordinary large foreign trade deficits. This is possible by the. The purchasing power parity theory (PPP) of the exchange rate implies that the real exchange rate between two countries
Global Organizations
Identify the factors affecting production and costs in the short run to determine which single factor has the greatest impact on the widest variety of companies. Provide specific examples to support your response.
What is the probability that a randomly selected adult is 65 or older?
analyze the economic theories that are germane to the provision of health services and comment on how one or two
select any 3 parts of the united states constitution or the amendments to the constitution and write a discussion post
To provide goods and services society feels desirable, governments often face a choice between equity and efficiency. Efficiency is a situation which a good or service is provided with minimum amount of waste, effort and expense.
Suppose a firm in a perfectly competitive industry has a short run total cost function given by TC=1100+0.02Q^2 and a marginal cost given by MC=0.04Q. If the market price is 12, what will the firm’s profit-maximizing quantity be?
question 1 suppose the expected market demand for tickets to the australian open golf tournament to be held in
use your own words to explain the idea of equilibrium in the income-expenditure model. as part of your answer explain
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