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Advocates of higher salaries for teachers point out that most teachers have college degrees and that teaching children is an important job.
A.) Why aren't teachers salaires higher, given the importance of the job and the education required?B.) Suppose a new law establishes a minimum teacher salary that is 20 percent higher than the prevailing salary. How would you expect this law to affect the average quality of teachers and the taxes paid by the typical household?
Illustrate what most people do not realize is that what the Fed is actually doing is changing money supply (and not interest rates directly). When money supply changes, interest rates automatically adjust to keep the money market in equilibrium.
The organization have considered situations of just shifting the spending power among the competing sectors. Does anyone have any thoughts.
The treasurer of a U.S. firm noted that although short run deposits in Swiss bank accounts had earned the company only a 3% annualized return when measured in Swiss francs, in dollars the company had realized a 12% rate of return.
Monetary expansion causes the present account balance to increase in the short run. Describe this statement. Is the same true for fiscal expansion.
Find out an output which maximizes the total revenue. Calculate the price elasticity of demand at this output.
Suppose that work hours in New Zombie are 300 in year 1 and productivity is $14 per hour worked. What is New Zombie's real GDP? _____$ If work hours increase to 320 in year 2 and productivity rises to $16 per hour, what is New Zombie's rate of econ..
Explain, using the statistics of government expenditure, personal taxation rates and transfer payments , what fiscal policy stance did the 2011-12 Federal Budget take?
Bank A offers to lend $10,00 at a nominal rate of 7 percent, compounded monthly. The loan must be repaid at the end of the year.
Assume an economy in which the reserve ratio is 15 percent, people hold 10 percent of their deposits in the form of cash, and there are no other leakages.
Assume that the position of a contry's long-run aggregate supply curve has not changed, but its long-run equilibrium price level has increased.
The prices of outstanding bonds change whenever the going rate of interest changes. In general, short term interest rages are more volatile than long term interest rates.
Identify and discuss two aspects of firms' credit policy. Identify one difference in the credit policies of different company and describe why this difference may be important to consumers.
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