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1. On what does the demand for money depend: current income, wealth or permanent income? Or does it directly depend upon neither of them but on the consumption expenditures of households and the output of ?rms? If so, why is money demand usually speci?ed as a function of income?
2. What were the views of Keynes and Friedman on the exogeneity or endogeneity of the money supply? What justi?es their views?What were the views of Wicksell on the exogeneity or endogeneity of the money supply? What justi?es his views?
Are you required to file a fictitious name application in your state and what types of business license are you required to apply for?
if the demand schedule for bongs book is q 2000-100p the cost of having the book typeset is 9000 and the marginal cost
How do stock prices behave if stock markets are efficient and if investors do not care about risk? Explain the major options available to a bank that is short of reserves. What determines which option a bank is likely to choose? How can the Fed affec..
other things the same, a fall in the economys overall level of prices tends to 1.rise both the quantity demanded and supplied of goods and services 2.rise the quantity demanded of goods and services, but lower the quantity supplied3.lower the quantit..
Suppose the elasticity of demand for luxury cars is -1.5. The elasticity of supply for luxury cars is 2.5. The elasticity of demand for compact cars is -.90, while the elasticity of supply for compact cars is 1.25. a. The government imposes a tax of ..
What are the profit-maximizing price and output levels? Explain them and calculate algebraically for equilibrium P (price) and Q (output) and how much economic profit do you expect that Robert's company will make in the first year?
Assume the Fed decides to buy $1 billion in Treasury bonds from the public. Suppose that the reserve requirement is 10%. What takes place to the interest rate and money supply?
The amount that a hospital will be paid for treating a Medicare patient is determined before the patient ever sees a physician.
Indifference theory can explain all rational choices and behavior..Try the theoryout on this situation. Suppose the only consideration for couples to have a bby or not was money
a monopolist has a constant marginal and average cost of 10 and faces a demand curve of qd 1000 - 10p. marginal
1. according to some translations nobel laureate albert einstein once said god does not play dice with the universe.
Explain how the exchange rate impacts the value of currency (in the economy). Compare and contrast using the U.S. dollar and the euro. Describe how socio cultural differences can become barriers to international trade and how these differences can be..
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