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What are monetary rules? How are they carried out and what is the difference between monetary rules and discretionary behavior?
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What type of externality would your neighbor playing his sterol loudly exemplify? Can the Coase Theorem be used as a resolution for this conflict? Why or why not?
Identify two failed products and discuss the reasons that led to the products' failure. Or you may contrast the failed products with two from similar categories that were successful and try to figure out why they were the winners.
It is said that sufferers of a cold virus experience symptoms for 7 days. However, the amount of time is actually a normally distributed random variable whose mean is 7.5 days and whose standard deviation is 1.5 days. A) What proportion of cold su..
Suppose that a firm’s marginal production costs are given by MC = 10 + 3Q. The firm’s production process generates a toxic waste, which imposes an increasingly large cost on the residents of the town where it operates: What is the marginal private co..
Explain why perfect personalized pricing is typically more profitable than menu pricing.
A house can be purchased for $155,000, and you have $25,000 cash for a down payment. You are considering the following two financing options: What is the effective interest rate of the combined mortgage? Compute the monthly payments for each option o..
Explain the basis of one of the Leading Economic Indicators. What local indicators of improved economic conditions might one see in his or her local community, town or city?
q1. how do expectations of a near-term policy reversal weaken fiscal policy based on changes in tax rates?q2. why are
Suppose there is a $200 billion recessionary gap. If there are no taxes or imports to restore the economy back to potential GDP how much should government expenditure be changed if the marginal propensity to consume is 0.75? Does government expenditu..
Which partner has the comparative advantage in cake baking? Explain. Plot their combined PPC, including the number of cakes and pies at each of the three corners.
Chris consumes only 2 goods, Suppose his utility function is U(X1,X2)=X1 1/3,X2 2/3, Suppose P1 =$2,P2= $8 and income(I)=$600 I want to know how to do the problem, so I need to see all the steps it takes to arrive at the correct answers for a,b and c..
Based on standard monetary theory, if the Fed purchases Treasury Bills from banks:
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