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Question 1: Explain the current macroeconomic conditions (unemployment, inflation, and economic growth [GDP] rates) that the Federal Reserve and the central bank of Japan have, and compare the performance between the two countries.
Question 2: Explain the primary tools used by the central bank of Japan and the Federal Reserve to control the money supply in each country.
-Indicate the (continuous time) Hamiltonian and conditions of the maximum principle.
One study compared the performance of a single company's franchised and company-owned fast-food outlets on health inspections.
Is there anything that McDonald's could have done to have foreseen or better prepared itself for the negative publicity associated with the revelation that it used beef extract in its frying oil?
When you write the summary of the related to economics should write what you understand about this chapter. Note: The summary should include an evaluation of why the article is important from an economic perspective.
Amityville has a competitive chocolate industry with supply curve Ps =440+Q. While market demand for chocolate is Pd=1200-Q, there are external profits that the citizens of Amityville derive from having
Suppose my friend Joe owns a firm with a conventional production function resulting in U-shaped ATC, AVC, and MC curves.
Determine the breakeven point (lowest sales volume at which total sales income just equals total production cost). (Hint: This may be done by trial and error).
The utility function of a worker is represented by U(C, L) = C X L. The marginal utility of leisure is then given by MUL = C and the marginal utility.
Explain why the con?dence interval for the mean value of y for a particular x-value, say, xp, gets wider the farther xp is from x¯. What are the implications of this phenomenon for estimation and prediction?
If the CPI in January of 2007 was is 202.4, and the CPI in January of 2008 was 211.1, what was the rate of inflation that year
Draw the cash flow diagram for this problem. Calculate the Present Worth (PW) at 10% interest. Calculate the Future Worth (FW) at 10% interest.
What are the four characteristics of perfect competition? Explain what would happen if they were absent from a market?
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