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A country has a constant population, capital stock, and technology. In 2010, real GDP was $ 300 million, the quantity of money was $60 million, and the velocity of the circulation of money was $10 million. In 2011, the price level rose by 20%.
A) What was the price level in 2010?
B) What was the real GDP in 2011?
C) What was the velocity of circulation in 2011?
D) What was the quantity of money in 2011.
Briefly describe the three means of circumventing bank branching restrictions, prior to 1999 - Briefly explain each of these management areas and then comment on any potential conflict a banker might experience in trying to simultaneously achieve a..
Do the estimated coefficients have the required signs to yield a-shaped AVC curve? Discuss the significance using the p-values.
When you are a manager for a MNC in a foreign country do you interfere with local customs such as mistreatment of women and use of 10 year old children as child labor, or do you respect the local customs and traditions?
A. What is the level of industrial concentration in the automobile industry B. What economic incentives can be used to reduce the cost of health care C. What policies would be recommended for stimulating national economic growth D. What are the suppl..
It is clear that more education results in higher average life time earnings. Therefore, can we conclude that it is always a good investment to spend more income getting more education?
The mean time an American family lives in a particular single-family dwelling is 11.8 years. A sample of 100 families in the Sycamore, OK area shows the mean time living in a single family residence is 12.7 years. Can we conclude that the time peo..
Then support perspectives regarding competition from the opposite perspective from your real opinion again with an actual example. (Discuss it from both perspectives why competition can be good and then why it can be bad. So first you give your re..
With a beta equal to .85 and a risk-free rate of 5%, if the required return on Navistar, Inc. is equal to 9%, what is the required return on the market, rM , assuming the market is in equilibrium?
Explain how the US government managed to accumulate a debt of over 14 trillion. To whom does it owe this debt? Is the debt a burden on future generations?
Discuss how conservatives, liberals and radicals explain the causes of and solutions to poverty. what evidence do they use to support their view.
Consider an air basin with only two consumer, Huck and Matilda. Suppose Huck's demand for air quality is given by q_h=1-p where p is Huck's marginal willingness to pay for air quality. Similarly, Matilda's demand is given by q_m=2-2p. Air quality ..
How does the zero sum myth set people off against each other. Explain. Why are people merely not like chess pieces Explain. How does government provided health care being free for all and granting all benefits fall into the fallacy. Explain.
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