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a. What is an inside lag?
b. We can divide inside lags into three smaller, sequential lags. What are these, and in what order do they occur?
c. Which has the smaller inside lag-fiscal or monetary policy? Why?
d. What is the inside lag for automatic stabilizers?
Using a noninformative prior, derive the marginal posterior p jy/.
In a market with annual demand Q = 100 -P there are two firms, A and B, who make identical products. Marginal costs are constant and equal 10. There are no capacity constraints. a. What is the single period cournot equilibrium
Which of the following microeconomic tools aids monopsony employers in identifying the required wage level?
What happens to those factor prices when the price of cloth rises? Who gains and who loses from this change in the price of cloth? Why? Do those changes conform to the changes described for the case with factor substitution?
Does the addition of the variable rate of population growth to this model help you explain anything that a simpler two-sector model with a fixed rate of growth, or a one-sector model with variable population growth, cannot?
a. Calculate the marginal revenue product at each level of labor input if output sells for $4 per unit. b. If the wage rate is $15 per hour, how much labor will be hired c. What is the firm's total revenue and total amount paid for labor at the level..
Explain how to quantify the gains
a manufacturer of small hydraulic turbine has the annual cost data given below. calculate the manufacturing cost and the selling price for turbine. raw material and components cost $2150000 otal annual sales: 60 unit profit margin:15% plant overhead:..
in a random sample of 25 individuals, you find the average to be 44.473 movies with a sample variance of 81. what is the p value for a two tailed hypothesis test where the null is that the tru population value is 40 movies
In the late 2010, you purchased the common stock of a company that has reported significant earnings increases in nearly every quarter since your purchase. The price of the stock increased from $12 a share at the time of the purchase to a current ..
According to Oil & Gas Journal, the proven oil reserves of the top 12 oil producers was 1137 billion barrels of oil in 2007. In that year, the U.S. Energy Information Administration reported that the daily oil production
evaluate Eskom's product in terms of the following factors which determines the price elasticity of demand
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