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What are the key similarities and differences between Russia and China?
Consider an intertemporal model in which representative households choose consumption, c(subscript t+1) and two types of bonds b(subscript 1,t+1) and b(subscript 2,t+1) to maximize their utility over time, prices are perfectly flexible, and all marke..
Your pension will pay approximately £6,000 a year British government 20-year bonds yield 2.6%. You are offered a lump sum in return for a waiver on annual payments. How much should you ask for?
The? (FOMC) Federal Open Market Committee. The Federal Reserve Bank of New York is always a voting member of the FOMC because
Increasing the minimum wage will result in a decrease in employment for workers who now earn less than the new minimum wage.
How will the price ceiling affect the quantity supplied, quantity demanded and quantity exchanged
In order to reduce the unemployment rate jobs must be created... new jobs! Both the Federal Reserve and government have proposed a number of solutions and programs in order to create these jobs. In your opinion which do you believe is the most effect..
Suppose that the government has been supporting the price of corn. It's free market price is $2.50 per bushel, but the govt. has been setting a support price of $3.50 per bushel. Which of the following are ways that the government might try to reduce..
Suppose the market demand and supply functions are QD = 220 - 1.6P and QS = 4P - 116. You have just graduated and moved to this city
q.suppose initially that the demand also supply for premium coffees 1lb bags are in equilibrium. now suppose starbucks
q. 1. what change in the federal funds rate would you recommend?2. how would your recommended change get
Explain whether each of the following events represents a shift in the supply curve or a movement along the supply curve. Draw your answer. More homeowners put their houses up for sale during a real estate boom that causes house prices to rise.
Suppose that the inverse demand curve is: p(q) = a − bq, and the cost function is: c(q) = cq. How much consumer surplus is generated when the price is p*? How much producer surplus is generated at p* If the monopolist can only set a linear price (tha..
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