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In general, if the Fed increases the supply of money by 5%, which of the following statements can we claim to be true with certainty? (In general means, do not make any assumptions about anything.)
A. The price level will increase by 5%, but the real GDP will remain the same.
B. The real GDP will increase by 5%, but the price level will remain the same.
C. The Nominal GDP will increase by 5%.
D. We cannot claim any of the above to be true with certainty.
Sometimes market activities (production, buying, and selling) have unintended positive or negative effects outside the market's scope. These are called externalities. As a policy maker concerned with correcting the effects of gases
When the Macintosh computer was introduced in 1982, Apply made it difficult for third party software developers to develop software for the platform. In contrast, Apple made it relatively easy for third party developers to make applications that ran ..
q.an economy is described by the following equationsc1800 0.6 y-tip900g1500nx100t1500 y9000a. find a numerical
Suppose the market for cars is unregulated. That is, car prices are free to adjust based on the forces of supply and demand. If a shortage exists in the car market, then the current price must be than the equilibrium price. For the market to reach eq..
Explain how a bank's ability to create transaction deposit accounts through loans creates money. Corben Inc. has a successful brand with the name Crunz. The market size in which Crunz competes is $4 billion, and Crunz has generated sales of $400 mill..
Suppose the demand for seats at the NFL combine is given by Q=4000-10P. The marginal cost of an additional fan attending the combine is zero. Calculate the optimal number of tickets the NFL should sell to the event. Then indicate whether the NFL coul..
Brand X contains 20, 2 and 1 units of the minerals, while Brand Y contains 4, 1, 2 units of the minerals respectively. Brand X costs $18 per kg while Brand Y costs 6 per kg.
You are trying to sell your audio system (an amplifier and speakers) to raise money for an upcoming trip to overseas. The system works great, and audiophile friend tell you that if he were in the market for this kind of equipment (which he isn’t), he..
q1. consider the information you have read this week on international trade and specifically regarding the domestic
Which of the following was a consequence of the early-eighteenth-century consumer revolution in Europe?
In this problem, assume that u (x1; x2) = (x1^a)(x2^1-a) . (1) Find the consumerís Hicksian demand for each of the goods; in other words, Find the functions h*1 (p1; p2; v) and h*2 (p1; p2; v) that solve min p1x1 + p2x2 subject to (x1^a)(x2^1-a) >v
what is the expected NPV for this new machine over ten years? what is the probability of a positive NPV?
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