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Policy Discussion
Give opinion in 60 words on the followin:
Is placing monetary policy-decision making authority into the hands of one committee (the Federal Open Market Committee) too much power in too few hands? Why or why not? What is the political business cycle?
Describe whether to raise price, the bank managers experimented with a number of higher prices (in 25 cent increments) at selected ATMs.
Consider an economy inhabited by n identical people. Each person's utility function is Ui =(z)(bi) where bi and z are his bread consumption and the quantity of some public good. Find the quantity of public goods provided under voluntary contributions..
The production function is the: The higher the concentration ratio, the
Germany and France produce guns and butter. Who has the comparative advantage in which good? You must show your work to get credit, e.g. by calculating the relative opportunity costs of guns in each economy. What is the range of exchange rates at whi..
Summarize the article "Trading liberty for illusions" by Wendy Kaminer in 300 words by following these steps: - the central idea of the passage - what, who, why, where, when and how - the author's conclusion - the subject of the description and it's ..
Discuss each of the pricing strategies below. What conditions are necessary to make each strategy successful in terms of increasing profits?
Kevin’s utility function is U(x, y) = x a + y b , where a ≥ 0 and b ≥ 0. What additional restrictions on the values of the parameters a and b are imposed by each of the following assumptions? Kevin’s preferences are homothetic. Kevin’s preferences ar..
1. How does the IP addressing scheme impact the selection of routing protocols? (Please remember to cite all material that you find and use in your posts. Include at least a URL or Book where you retrieved information.)
If we assume that the required reserve ratio is 10%, please provide a detailed write-up of what actions could (should) the bank manager take if there is an unexpected deposit outflow of $50 million?
Monetarists argue that:
Explain how open market operations affect the money supply, interest rates, investment and GDP. If output is above/below full employment, explain how and why an increase/decrease in wages and prices will bring the economy back to full employment.
Waiting times to receive food after placing an order at the local Subway sandwich shop follow an exponential distribution with a mean of 58 seconds. Calculate the probability a customer waits: 8. b. More than 112 seconds.
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