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The People's Bank of China, the country's central bank, raised the reserve requirements of its top commercial banks to put a squeeze on the credit market following a spell of robust economic growth. (Source: International Business Times, October 11, 2010). If the United States had the economic performance of China, what monetary policy actions would the Fed's most likely take?
What are the Public finance, public goods and social goods? What is the difference between public finance, public goods and social goods? How public finance, public goods and social goods affect on Financial Administration? How those working in Malay..
Show diagrammatically and algebraically cases of unitary elasticity with examples pertaining to products and services. what is the relationship between the slope and the concept of elasticity?
Using a supply-demand diagram, show a labor market with a binding minimum wage. Now, use the diagram to show those who are helped by the minimum wage, and those who are hurt by the minimum wage.
An electronics plant's production function is Q = 5LK, where Q is its output rate, L is the amount of labor it uses per period, and K is the amount of capital it uses per period. The price of labor is $1 per unit of labor, and the price of capital is..
HI5003 Economics for Business. Monetary Policy - Discuss Australia's Monetary policy during last 3 to 5 years. What are its affects and its problems on Australian Economy
One of the problems in a competitive market environment is deadweight losses. What are deadweight losses, and what are their causes? What are the market effects of a deadweight loss? What are the major factors that determine who will bear the burden ..
You have purchased a $1000 municipal bond for $900. This bond has 10 years remaining until maturity and pays you a dividend of $50 per year. Explain how you would calculate the rate of return for this bond.
Institutions that function to connect one individual's savings another's investment decisions is in summation called the. Suppose the market interest rate for loanable funds is above the equilibrium level, this means the quantity of loanable funds: B..
Why can the covariance of a pair of random variables be negative when the variance of random variables is always non-negative?
Which assumption about consumer preferences leads to diminishing marginal rate of substitution (MRS) as we move along from left to right on a typical Indifference curve.
Suppose the marginal propensity to consume (MPC) for a nation is 0.7. What is the tax multiplier for this nation? What is the tax multiplier for this nation if a $150 increase in taxes reduces real GDP by $450?
1) What is the public education? 2) What is a knowledge based economy?
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