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What does the Taylor rule imply that policymakers should do to the fed funds rate under the followin
What does the Taylor rule imply that policymakers should do to the fed funds rate under the following scenarios?
a. Unemployment declines due to a recovery.
b. A positive supply-side shock causes the rate of inflation to fall by 1% and output to rise by 1%.
c. The economy experiences prolonged reductions in productivity growth while actual output growth is unchanged.
d. Potential output increases while actual output remains unchanged.
e. The Fed revises its (implicit) inflation target up.
Market supply of labor The following table shows the hours per week supplied to a particular market by three individuals at various wage rates. Calculate the total hours per week (QT) supplied to the market. Hourly Wage Hours per week
One of your professors has made you an offer you can't refuse. You are getting a four year research assistantship to earn your PhD after you receive your BS degree. The assistantship will pay you $2,600 per month starting in June, immediately afte..
Evaluate each question, explaining in 2 sentences per question why each of these questions is problematic. In the course of criticizing each question, demonstrate your knowledge of several key features of Chinese religious culture. Be sure to give..
Determine what should you do to maximize benefits with respect to values after you acquire a substitute product. Which values should you change more?
Joe quit his job as a salesman where he made $35,000 per year to start his own t-shirt making business. His business expenses are $6,000 per year on rent, $12,000 per year on supplies, and $4,000 per year on part time help.
In trip calculation, it is observed that a Wal-Mart store driver successfully made a total of 104 trips in a given period of time. During field calculation, it is shown that the calculated number of trips is actually 128. What is the value of the ..
What do the stories, "Young Goodman Brown," "Dead Man's Path," and "A Very Old Man with Enormous Wings" imply about people who claim to be religious? Is this a positive view of worship or a negative view?
Mensa's total cost of production, TC, is given by the equation TC = 5,000 + 5*q*q, where q is Mensa's output. Based on this equation, Mensa's marginal cost is 10q. If the output price is $100, what is Mensa's short-run profit maximizing output
Tarass Inc. is an accrual-method calendar-year corporation. Tarass, Inc. did not qualify for the domestic production activities deduction. The following information has been provided about the activities occurring in 2013: Life insurance proceeds ..
A delivery company is considering adding another vehicle to its delivery fleet, all the vehicles of which are rented for $100 per day. Assume that the additional vehicle would be capable of delivering 1500 packages per day and that each package th..
The system is expected to generate positive cash flows over the next four years in the amounts of $350,000 in year one, $325,000 in year two, $150,000 in year three, and $180,000 in year four. Rent-to-Own's required rate of return is 8%.
Suppose the equilibrium price in the desk lamp market is $50. How many table lamps should Scahill produce, and how much profit will he make?
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