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1. Can a government always collect more seigniorage simply by letting the money sup- ply grow faster? Explain your answer.
2. Assume that a country's in?ation rate was 100 percent per year in both 1990 and 2000 but that in?ation was falling in the ?rst year and rising in the second. Other things equal, in which year was seigniorage revenue greater? (Assume that asset holders cor- rectly anticipated the path of in?ation.)
Use the following information to answer the questions. Compute real GDP for 2004 and 2005 using 2004 prices. By what percent did real GDP grow?
In spite of significant price increases for gasoline in the last two years, the amount of gasoline consumed has not decreased a lot--does this mean that gasoline is an exception to the law of demand or is there some other reasonable explanation?
Recent tax reforms make college tuition partially tax deductible for certain families. This should motivate more people to attend college. How will this higher demand for a college education affect tuition prices? how will it affect the cost of the t..
Calculate the 4 firm Oligopoly concentration ratio using the following numbers: Total Industry Sales = $1,000,000
Agya is ready to think about how many pairs he can buy. Wait a minute, what happens if any of the ladies going to AUCC spotme at the BDBs? . I will buy any jeans from the Accra mall. Oops I am not quite ready to decide how many pairs I can buy.
Elucidate what are some of the models that predict the effects that reducing protection of imports will have on factor price. Briefly explain the effects shown by these models.
What would be your subsequent steps? Make sure you include both the positive and negative effects of your actions making sure you include the trade-offs or opportunity costs.
A bank is offering $20,000 6-month CD's for $19,500. What is the nominal annual interest rate? What is the effective annual interest rate? please give both the answers in %.
1. john has been in the habit of mowing willas lawn each week for 20.johns opportunity cost is 15 and willa would be
The International Monetary Fund IMF supply assistance to nation experiencing economic woes.
Earlier this year the Federal Government USA approved the merger between Sirius and XM satellite radio companies. What, if any, shortcomings arise from a monopoly pricing strategy (efficiency and consumer surplus)?
What would you expect to happen to the nominal yields on 1-year T-notes during the period ov er which these changes in inflation expectations and required real yields occurred? (Give a numerical answer if possible) Explain your reasoning
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