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3. Suppose that an economy is characterized by: M = $ 6000 V = 2.5 P = 100 a) What is the real value of output (Q)? Now assume that the Fed increases the money supply by 10% and velocity remains unchanged. b) If the price level remains constant, how much will real output increase?
How can an event such as the terrorist attacks of September 2001 affect consumer and business confidence and the economy?
During the average month in 2010, Sarita received and watched 6 movies sent to her through the mail and she watched an additional 13 movies which were streamed to her computer.What is the average cost of a movie to Sarita? What is the marginal cos..
Incorporate this modified definition of YD into the private savings function, and identify explicitly the impact of a change in TR on private savings.
Illustrate the above relationship between income and savings rate using a graph with income on the x-axis and total savings on the y-axis. B). Will a government policy to redistribute income to achieve less income inequality potentially help or hurt ..
suppose you now own a taxi company in aberdeen and you are the sole producer of this service. you have a taxi monopoly
"You have no right to shut my line down," snapped Connie. "I'm in charge of this line and I am the one to shut it down when there are problems. I suppose you've screwed around with the robot too. The minute I turn my back, you people sneak in here..
suppose that third national bank has reserves of 20000 and checkable deposits of 200000. the reserve ratio is 10
Further, assume that the countries have similar resource endowments and that, initially, they are not trading with each other. Therefore, each of the countries has to produce both rice and tea for its citizens. Suppose that, in the no-trade situat..
a van conversion company has fixed capital and labor expenses of 1.2 million per year and variable expenses averaging
a tell me why you selected the appropriate exponential smoothing method by commenting on your y data
country x can produce either 30 tons of vegetables or 30 tons of chicken. country y can produce either 20 tons of
Are unions good or bad forthe economy How do unions at GM and Ford affect employment levelsand wages How do unions affect other industries in terms ofemployment and wage levels
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