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WHO ARE THE MEMBERS OF THE FEDERAL RESERVE BOARD?
www.federalreserve.gov/BIOS , provides detailed biographies of the seven members of the Board of Governors. What is the composition of the Board with regard to age, gender, education, previous employment, and ethnic background? Which Board members are near the ends of their terms?
Using the following information, calculate total utility and marginal utility. a. Plot the total utility curve. b. Plot marginal utility directly below total utility. c. At what marginal utility value does total utility reach a maximum Number of unit..
A tax is imposed on the industry to account for the environmental damages associated with production activities. What is the efficient tax rate?
If the Fed now raises required reserves to 20 percent of deposits, what is the change in reserves and the change in the money supply?
On the other hand, the Iceland Planning Commission has determined that five refrigerator suppliers would be sufficiently competitive to bring price into equality with average cost. The five-firm equilibrium would yield a price of $100 and a total ..
To evaluate the two projects, you decide to use the company's weighted average cost of capital (WACC) for the less risky project (12 percent) and the WACC plus two points (14 percent) for the more risky project.
Consider the market for cement production. Suppose that cement production emits a cloud that causes breathing problems for people that live in the neighborhood, thus creating health problems for by-standers.
Industry A is composed of five large firms and 100 small firms. The market shares of the five largest firms are, respectively, 30, 25, 20, 15, and 10. The 100 small firms together have the remaining market share. Calculate the Herfindahl-Hirshman ..
Other managers worried about the assumptions in the analysis that support the investment-an increase in the number of mortgages processed and a reduction in processing costs. What if the mortgage market did not grow as expected?
a frim determines that x units of its product can be sold daily at p dollars per units per day is cx 120-12p and where
Currently there are zero excess reserves in the U.S. banking system. If the required reserve ratio is 20 percent and the Fed sells 20 million in bonds, the maximum amount that the money supply can change is what
Moving along the demand curve, quantity demanded decreases 8 percent when price increases 10 percent .a. The price elasticity of demand is calculated to be. b. Given the price elasticity calculated in part a, demand is (elastic, inelastic, unitary e..
what would be another recommendation you could give a small business owner that makes sense at the micro level but would harm the broader economy if it is applied by a large number of businesses?
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