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Based on the regression equation, the price of gold increased on average by approximately $___ per ounce for a $500 billion increase in the monetary base (round to the nearest dollar). regression equation $/oz gold=207+.05 monetary base
Identify a recent development (since 2000) of a complex system (commercial or military) of which you have some knowledge. Describe the need it was developed to fill and the principal ways in which it is superior to its predecessor(s). Briefly describ..
The merger of Comcast and Time Warner is creating a cable television network with control of 75% of the U.S. market. Much of what we know about monopoly suppliers also applies to concentration in consumption (monopsony). After reading Comcast Eyes Ti..
Discuss why you would not expect all industries to have a similar relationship to the economy. Give an example of two industries that have different relationships to the economy. Please discuss your findings and how the economy will affect them diffe..
The economy slips into a recession and the government is thinking of providing a stimulus package to boost the aggregate demand. Which of the following is most likely to increase the aggregate demand, all else the same? Increase taxes Reduce transfer..
Market failure is a situation in which a given market does not efficiently organize production or allocate goods and services to consumers. Overcoming market failure is a significant challenge for the government, which is not easy to accomplish and m..
q.the bolt-making industry currently consists of 20 producers all of whom operate with the identical short-run total
The Keynesians claim interest rates guarantee that savings will equal intended investment. The Keynesians claim that wages and prices are “downward sticky”. In the Keynesian model the velocity of money moves against GDP. Determine the socially effici..
Locate two recent articles regarding the current global economic crisis.
The monopolist’s marginal revenue is different from the one facing a firm in perfect competition because: (a) The price elasticity he faces is less than unity; (b) The price elasticity he faces is equal to unity; (c) The price elasticity he faces is ..
When the price of pears fell to $3, what part of the change in Sarah's demand was due to the income effect and what part was due to the substitution effect?
Defining Project Objectives: The Project Manager should be able to prioritise activities to be able to focus on activities that correlate with project success. It is important to understand how they can prioritise and the psychology that affects such..
How would you go about estimating the different probabilities of three alternatives occuring if you have little empirical data on which to base your estimates?
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