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When the actual rate of inflation exceeds the expected rate,?
A. nominal wages will decline.
B. firms will experience rising profits and thus increase their employment.
C. the actual rate of inflation will fall.
Does either player have a dominant strategy? Explain why or why not? Is there a dominant solution for this game? c) Identify the Nash equilibrium of this game. Explain.
John lives for three periods. He is currently considering two alternative education-work options. Alternative 1: he can start working immediately, earning $100,000 in period 1, $110,000 in period 2, and $120,000 in period 3. Alternative 2: he can spe..
In the specific factors model predict who seeks protection against trade and who does not. Explain your answer. How does your answer change in the Hecksher-Ohlin model? Explain
the variable expend is expenditures per student, in dollars, and math 10 is the pass rate on teh exam. The following simper regression relates math10 to lexpend= log(expend). Comment on what happens to the coefficient on lexpend. Is the spending coef..
If the marketplace for organic apples is perfectly competitive which of the subsequent statements is inconsistent with the statement above.
Mary has two sources of income, let her non - labor income be represented by V dollars per year. He r labor income comes from working h hours per year in the labor market at wage rate of w per hour. L (priced at w per hour). Illustrate the impact of ..
What is happening to the value of the U.S. dollar these days? What causes the value of the U.S. dollar to rise or fall? Who demands U.S. dollar? Who supplies U.S. dollar? When we purchase the German products, our demand for euro is going up or down? ..
Until a few years ago, U.S. cars exported to Japan had the driver controls on the left side (as in the United States). The Japanese (like the British), What impact would this likely have on their sales in this country? Do you think the unwillingness ..
q.problem 1 use 2 goods to construct a production possibilities curve. explain what a variety of different points on
Sailright Inc. manufactures and sells sailboards Management believes that the price elasticity of demand is -3.0. Currently, boards are priced at $500 and the quantity demanded is 10,000 per year. If the Price is increased to $600, how many sailboard..
A 15-year annuity pays $2,200 per month, and payments are made at the end of each month. If the interest rate is 10 percent compounded monthly for the first seven years, and 6 percent compounded monthly thereafter, what is the present value of the an..
Suppose that we are interested in the effects of police on crime using data from a random sample of US counties. We plan to regresses the county's number of crimes per capital on the per capita size of the country's police force. This regression does..
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