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(Wall Street Journal) "Washington Wire" is a column that appears on the front page of the Wall Street Journal each Friday. Review the latest column to determine what fiscal policy proposals are under consideration. Do the proposals deal more with discretionary fiscal policy or with automatic stabilizers? Are they designed to affect aggregate demand or aggregate supply?
Using your EAEF data set, fit the second equation, first using OLS, second using instrumental variables estimation with SM as an instrument. Investigate analytically the likely direction of the bias in the slope coefficient in the OLS regression, ..
The Micro Brewing Corporation asks you to forecast changes in consumer beer purchases associated with a proposed price change. You conduct a survey and find that if the price of a six-pack increases from $5.50 to $7.50, the quantity demanded.
Suppose a natural monopolist has fixed costs of $24 and a constant marginal cost of $2. The demand for the product is as follows: Price (per unit) $10 $9 $8 $7 $6 $5 $4 $3 $2 $1 Quantity demanded (units per day) 0 2 4 6 8 10 12 14 16 18
Use the diagram with the helping line to draw a level of aggregate expenditure that would lead to an economy at an equilibrium with a real GDP of $9 trillion. Illustrate the effect of a decrease in autonomous net taxes of $200 billion when the mar..
In 2009, workers in the United States paid a social security tax equal to 6.2 percent of all wages earned until a cap of $106,800 was reached. After that, the tax rate was 0 percent. What kind of tax is the social security tax
The financial advisor is weekly column in the local newspaper. Assume you must answer the following question: "I recently retired at age 65, and I have a tax-free retirement annuity coming due soon.
Each existing firm and every potential entrant faces an identical U-shaped average cost curve. The minimum level of average cost is $10 per ton and occurs when a firm produces 5 million tons of cobalt per year.
Mac Rowe doesn't sweat the petty stuff. In fact, he just cannot detect small differences. He consumes two goods, x and y. He prefers the bundle (x,y) to the bundle (x',y') if and only if (xy - x'y' > 1) . Otherwise he is indifferent between the tw..
What happens to the profits of boat makers in the short run? What happens to the number of boat makers in the long run?
Argocy Associates a US based investment partnership, borrows €80.000.000 at a time when the exchange rate is $1,3460/€.The entire principal is to be repaid in three years, and interest is 6,250% per annum,paid annualy in euros.
question 1 - a cross-sectional studythe data you need for this question is on the sheet companies. there are figures on
Two planes leave JFK airport at the same time, one flying north at 500 mph and the other south at 600 mph. In how many hours will they be 4400 miles apart?
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