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What does the economy look like when the economy is in an unemployment gap? What type of unemployment rate is it compared to the Natural Rate of unemployment? What about inflation?
Suppose the required reserve ratio is 8% and that banks hold no excess reserves and the public does not change its currency holdings. If the Fed sells $5 million worth of securities, the amount of deposits in the banking system changes by $______ mil..
Exhibit 2-8 represents Robin Hood’s production possibilities frontier. Assume that he currently produce at point G inside the production possibilities frontier. He can produce more bows employing the existing resources more efficient. He can increas..
Purchasing credit life or disability insurance protection is usually 1) required in order to make the loan 2) non-negotiable 3)at the lenders option 4)very costly 5)a good idea for the borrower
An increase in the aggregate demand for goods and services has a larger impact on output ________ and a larger impact on the price level ________.
Considering political disposition as an axis of product differentiation does vertical or horizontal differentiation best categorize it.
Many states have usury laws, which place a ceiling on interest rates. Why do most economists dislike these laws - The paper's content is jumbled and is partially in second person and uses unusual wording together as if it was a machine translation..
If a $24 per share stock has a P/E ratio of 20 and pays out 40 percent of its profits in dividends, How large is its dividend? What is the implied rate of return?
Is an increase in the marginal income tax rate reflected by a shift in the after-tax supply of labor or a movement along the supply curve when the pretax wage rate is on the vertical axis? Explain your answer
Provide some examples of discrete and continuous variables. What attributes of these variables make them discrete and continuous? Why?
What is the effect of an investment on real assets on the value of the firm and why? How can we evaluate and compare projects with unequal lives? What is the risk on real investments and how can be measured? How important are statistics and computers..
How does your answer compare to an economy in which the total amount of the loan is deposited in the banking system and the public does not hold any of the loans in currency?
Suppose that Gus's Tattoo Studio in Athens, GA is holding $11,000 in money. The annual inflation rate is steady at 10 percent, and the price level has risen from 1.0 to 1.1. How much did Gus's lose to inflation tax at the end of the year?
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