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Suppose the money supply grew at an average annual rate of 3%, velocity decreased by 5%, the nominal interest rate averaged 9%, and output grew at an average annual rate of 5%. According to the Quantity Theory, what is the real rate of return?
What is bribery, and what are the issues caused by bribery? How would you deal with bribery if you were faced with the issue?
First, what is the definition of network externalities? Second, think about your phone. Imagine the situation where you could only call/text/contact other people who have the SAME phone provider you have: Verizon customers can only contact other Veri..
Must include a separate reference page, formatted according to APA style as outlined in the Ashford Writing Center.
Compare to a monopolistically competitive firm with a higher marginal cost, a firm with a lower marginal cost will. Which of the following is true regarding trade costs associated with national borders? For the following, specify whether th eforeign ..
Name and discuss the major types of financial intermediaries in the U.S. and illustrate the differences in the way assets and liabilities are recorded on their balance sheets. Describe the major differences between depository and non depository inter..
A plant superintendent has arranged to purchase an additive through a 6-year contract at $5,000 per year, starting 1 year from now. Afterwards, he expects the annual price to increase by 3% per year thereafter for the next 12 years. Use i=8% to dete..
When negative externalities exist in a market,
When the addition of one more unit of input results in a smaller increase in output then the previous unit, what type of return is occurring?
q1. suppose that in saudi arabia produces 200 million barrels of oil and 3 million cars and that the united states
Explain Thorstein Veblen's theory of consumption. Is economic behavior, and consumption in particular, driven by utilitarian impulses or socio-cultural factors? What is the point of conspicuous consumption and conspicuous leisure?
Money Demand =8750-500i Loanable Funds Demand = 2000 –100i Initial Reserves: $500 Y1=15600 Y2=14000 Reserve Ratio: 8% MPC=0.8 Tax Revenue: $1100 Govt Purchases: $1000 Suppose the Government is implementing fiscal policy. What is the new level of Gove..
Suppose there are 10 individuals who value a good at {$10, $9, $8, $7, $6, $5, $4, $3, $2, $1}. If the MC is $1.50, what is the optimal price? Calculate the number of units that are sold, total revenue and total profits. Calculate the optimal prices ..
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