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Describe the various key roles of the Reserve Bank of Australia (RBA) as specified on their website.
If the cross-price elasticity between two goods is 1.5, the goods are ____________.
The effect on the economy of tax reduction and simplification is
The article should be about three pages in length in order for you to get a lot of information to write about - or a few articles that relate to a Macroeconomic topic. Possible subjects include inflation, unemployment, economic growth, interest rates..
Suppose the federal funds rate is 4.4 percent and you know that the Fed is following the Taylor rule. You don't know the Fed's inflation target, but the equilibrium real interest rate is 4 percent, the inflation rate is 3 percent, the weight on the G..
Rabelaisian Restaurants finds that in order to hire L units of labor, it must pay a wage of 40 + .1L per unit of labor. The demand curve for meals at Rabelaisian Restaurants is given by P = 13.75 - Q/1,000. The profit maximizing output for Rabelai..
What are the qualitative differences between oligopolistic, monopolistic, and competitive markets? What market structure does your selected firm for group analysis operate in? What evidence can you provide?
This question is based on The Economist Magazine's Schools Brief: State and Market - which has its own module in Etudes
A firm manufactures widgets according to the production function Q = 8L3/4 K1/4, where Q is the number of skis made, K is the amount of capital, and L is the amount of labor employed. The firm is currently producing Q = 120 using L = 15 and K = 15. S..
Calculate the predicted percentage change in tickets sold. Would you expect ticket revenue to rise or fall.
q.suppose that the supply curve of healthcare ser-vices is perfectly inelastic i.e. vertical. analyze the impact of an
Draw a supply- demand diagram of the federal funds market and show the effects of a Federal Reserve Purchase of $85 billion in US Treasury Notes during a Quantitative Easing Campaign after the Fed has already lowered its Fed funds target to 0 - .25%.
What are the benefits and drawbacks of having a health program that varies by state versus having one that is uniform across the country? Do you find that the positives of state flexibility outweigh the negative or vice versa? Is it fair that similar..
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