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The traffic over Route 44 has been increasing 6% per year. In year 1, the traffic will average 25,000 vehicles per day. Estimate the annual traffic in year 5. In year 10.
should the fed be independent?1. nbspthe federal reserve system has a large measure of political independence. the
Compute the expected return on portfoliob) compute the standard deviation of the returns on the portfolio assuming that the two stocks returns are perfectly positively correlatedc) compute the standard deviation of the returns on the portfolio assumi..
A tax levied on the buyers (demand side) of a product: Which of the following can occur as a result of advertising in a monopolistically competitive market? Check all that apply. An adverse effect of rent control is that it creates a shortage in the ..
Most empirical studies find that people with more formal education than others also in general tend to receive more on-the-job training during their careers. Why do you think this is true? What is the implication of this fact for the dispersion of wa..
Economists sometimes refer to the attempt by countries to fix their exchange rates, control thier money supply, and operate with open capital accounts in their balance of payments (that is , to have no restrictions on capital movements) as the "impos..
Some people who believe monetary policymakers should not address equity and property price bubbles, argue their position based on:
To demonstrate these outcomes, you will analyze treasury statements of the U.S. Government for specific years in order to:
Canada has a private market for the provision of health services, and until about 1970, spent the same % of GDP as the US on healthcare. Since that time, however, the rate of healthcare inflation in Canada is far lower than in the US. Does this mean ..
Explain how the income tax distorts the choice between work and leisure and results in an excess burden. Does a consumption tax also distort this choice? Explain why or why not
The quantity of money is ?$4 ?trillion, real GDP is ?$10 ?trillion, the price level is 0.8?, the real interest rate is 2 percent a? year, and the nominal interest rate is 10 percent a year. Calculate the velocity of? circulation, the value of M? × V?..
Those who advocate that the Fed target monetary aggregates, usually argue that the Fed should not alter its monetary targets in response to temporary changes in macroeconomic conditions, yet those who advocate interest rate targeting never recommend ..
Briefly explain the nature of the open-market operation required to bring down the overnight cash rate by 25 basis points. What is the effect of an inflation target on the position of the monetary-policy rule? Why does the RBA follow an explicit 2–3%..
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