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When the central bank sells $1,000,000 worth of government bonds to the public, the money supply:
A) decreases by more than $1,000,000.
B) decreases by $1,000,000.
C) decreases by less than $1,000,000.
D) increases by $1,000,000.
Currently in the US there is a demographic trend that has caused dramatic increases in the number of students attending universities. The children of Baby Boomers have grown up and are ready for college.
Suppose worker productivity increased at the rate of 1.9% per year. If the labor force grew by 1.5% per year, what rate of increase in RGDP would be sustainable without increasing inflation pressures?
The government of a nation established a price support for wheat. The government’s support price has been above the equilibrium price each year since, and the government has purchased all wheat over and above the amounts that consumers have bought at..
In the country of Economica, the total labor force consists of 15,000 workers. 750 of these workers are unemployed, and thus the current unemployment rate is 5.0%.
How would I plot a marginal product curve, say, given the number of workers on the x-axis and and the number of a certain product produced on the y-axis.
Explain how do you calculate the actual dollar reserves that must be kept on hand. What activities are responsibilities of the Federal Reserve.
1. you are a commuter student at a local university. because of the steep rise in gasoline prices your parents decide
What is the best case scenario between Marginal Revenue and Total Revenue? Do we want Total Revenue to be maximized and Marginal Revenue to be equal to zero or do we want Total Revenue to be rising and Marginal Revenue to be positive?
Oil and gasoline prices are a concern in the United States. Why does this economic problem exist from a supply and demand perspective, what can be done to improve resource allocations.
The producer in the perfectly competitive market above will pick a level of production such that:
Recently the stock market reacted positively to Janet Yellen’s comment. She had stated that due to the underlying economic weakness abroad and susceptibility of the US economy to such weakness the fed was not going to increase the interest rate as ra..
Merit goods have received considerable attention. Can concerts and other publicly provided services be rationalized using these ideas.
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