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Year 1: money supply= $400 billionLong-term growth of potential GDP= 3%Velocity= 4 and constantNo excess reservesReserve requirement is 10%Economy is operating at full-employment real outputA) What is the level of nominal GDP in year 1?B) The Fed adheres to a monetary rule through open market operations. What amount of US securities will it have to sell to, or buy from, banks or the public between years 1 and 2 to meet its monetary rule?
Explain the difference between average revenue and marginal revenue. Discuss why are both of these revenue measures important to a profit-maximizing company?
The U.S. government's expansive role in public policy is caught in a swirl of conflicting cross-currents. On the one hand, popular expectations about government's responsibility to solve problems often exceed the capacity of state and local author..
Create key strategies for designing an effective organizational structure and facilitating development of VRI's global team.
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A bicycle produced in the U.S. costs $100. Using the exchange rates listed in Table 1, what would the bicycle cost in each of the following nations?
Explain How do economists distinguish between the absolute and relative sizes of the public debt? Why is the distinction important?
In the two years prior to its merger with Nextel, Sprint Company cut approximately 2,000 workers. In addition, Sprint outsourced nearly 90 percent of its Information Technology functions from within the company to lower cost countries outside the US.
International trade path of development - Find out and focus only on the features that will make your city/ region/ country attract the investor you have chosen.
what will be the impact on American business, in terms of how businesses create value by integrating the production and distribution of goods, services, and information?
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Discuss the pros and cons of firms competing in global environment and how this has affected the United States economy and the global economy?
Consider trade relations between the United States and Mexico. Assume that the leaders of the two countries believe the payoffs to alternative trade policies are as follows: United States' Decision Mexico's Decision Low Tariffs U.S. gains $25 billi..
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