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Question: The Russian air force is being called on this year to intercept storms advancing on Moscow and to seed them with dry ice and silver iodine particles. The idea is to make the snow drop on villages in the countryside instead of piling up in Moscow. The cost of this initiative will be 180 million rubles, and the savings in snow removal will be in the neighborhood of 300 million rubles. The exchange rate is 30 rubles per dollar. Comment on the hidden costs and benefits of such a plan from the viewpoint of the villagers in terms of dollars.
During the 1990s, age cohort that grew the most rapidly was the 45-54 cohort, which has highest saving rate. Yet during that same period,
As the Federal Reserve utilize its special powers to buy and sell government bonds, how does buying and selling government bonds affect the supply of money in the economy.
ben bernanke has said that the federal reserve is going to continue its latest round of quantitative easing until
What other macroeconomic change might bring about a currency depreciation coupled with a deterioration of the current account, even if there is no J-curve?
What is the percentage of your wealth to put into asset X to achieve zero variance? Graph the opportunity set and the zero variance point
Contrasting How do comparative advantage and absolute advantage differ? Use examples to support your comparison.
Furthermore, assume that in year 2 the prices rise to $5 and $2, respectively. Calculate the inflation rate in year 2. Will the choice of base year affect your answer
A sudden and sharp increase in gas prices will have what impact on the market for the following (be sure to discuss both supply and demand):
Find out an article on decreased consumer spending, list the name of the article and provide the link to it.
Write a 500-word paper to describe the externality or public good issue in the article and to argue in favor of a government policy measure that would be an appropriate response to the problem.
What are the characteristics of a public good? Discuss the two ways that product differentiation affects the demand for a product. Describe at least five different forms of government intervention in the economy.
use the data on u.s. real gdp below to compute real gdp per person for each year. then use these numbers to compute the
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