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How the Consumer Price Index is calculated
Can anyone find out how the Consumer Price Index (CPI), the primary measure of inflation used by the government, is calculated? Why might this method not reflect the real cost of living increase for the average person?
Assume a merger of company would simultaneously lessen competition and reduce unit costs through economies of scale.
What is business cycle? Describe the four phases of the business cycle. Where on the business cycle do you think the U.S. economy is today?
A woman who anticipates comprise a large family takes a job with a firm that offers exceptional child care benefits.
What takes place to the equilibrium price and quantity of ice cream in response to each of the following? Describe your answers.
What are those key objectives and what are the key tools the Fed plans to use to achieve those objectives?
What is the profit maximizing output level for the typical firm? (Hint: Calculate MC for each change in output, then find the equilibrium price, and calculate MR for each change in output)
If the former, when and where was the latest ministerial meeting. If the latter, Elucidate the main features of the agreement.
Assume the market for computer chips is dominated by two firms: Intel and AMD. Intel has discovered how to make superior chips and is considering whether or not to adopt the new technology.
Suppose that, as the chair of the Fed, you decide to "put policy on automatic pilot" and needs that monetary policy follow an established rule.
Prove that a risk-averse von Neumann-Morgenstern perticular will over-insure, fully-insure, or under-insure according as the insurance is available
Find out the utility with full insurance for the treatment also how much would the individual be willing to pay to obtain such insurance than the fair premium.
The demand function for VCRs has been estimated to be Qv = 123 - 1.7Pt + 46 Pm - 2.1Pv -5M, where Qv is the quantity of VCRs,Pt is the price of a videocassette, pmis the price of a movie, Pv is the price of a VCR, and M is income.
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