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Consider the following simple economy the produces only three goods:2000(base Year) / 2009
Product:------Quantity-----Price-----Quantity-----PriceDenim pants- 80 $40 100 $50Wine- 90 11 80 10Textbooks- 15 90 20 100
Real GDP in 2009 equals[_______].
If capital’s share of income is 25% and labor’s share of income is 75%, the stocks of both capital and labor increase by 50% or there is no technology growth.at what rate will potential output grow.
Compute the abnormal return of Stock Z if the market price is $13.68, the risk-free rate is 4 percent, the return on the marketplace portfolio is 10 percent.
The Effect of a Decrease in the Growth Rate of the Money Supply
Illustrate fiscal policies also monetary policies which would be appropriate at this time.
when bill clinton took office in january 1993 he faced two major economic problems a large federal budget deficit and
In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?
Suppose capital is steady, with three machines and MPPK/MRCK = 30, determine the least cost input combo of labor and capital? How much output is produced?
A man is fired from his job because he was late for work too many times; While he is searching for another job, he would not be counted in the labor force because his employer had a legitimate reason for firing him.
What is the major problem in achieving an efficient use of the world's water If there were a global market in water, like there is in oil, how do you think the market would work Would a free world market in water achieve an efficient use of the ..
A law was passed requiring a minimum weight for fashion models. Using game theory 2X2 matrix, show how the law prevents a prisoner's dilemma and makes the models better off. Show what the game theory looks like without this law.
Explain the relationship between the price elasticity of demand and total revenue. 2. Is the price elasticity of gasoline more elastic over a shorter or a longer period of time? Explain. 3. Determine whether each of the following is an explicit c..
Explain why Regulation Q caused difficulties for banks and other depository institutions, especially during periods of rising interest rates.
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