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Determine if it represents fiscal policy or monetary policy, and explain your answer.
Paul Volker was chairman of Federal Reserve system in the late 1970 and through most of the 1980. In the late 1970's and into the early 80's the United States was experiencing high inflation, reaching double digits of 10% and more. To reduce the inflation rate Mr. Volker dramatically increased interest rates to slow down the economy, and this plunged the US into a steep recession.
Illustrate what can you determine about consumer demand for your product from this information
Compare the advantages as well as disadvantages of fee for service payments and a DRG-based payment system
Assume you decide to open a copy store. You rent store space, and you take out a loan at a local bank and use the money to buy 10 copiers.
What are some of the positive externalities of education? Why may higher education offer fewer positive externalities than primary or secondary education?
21st century electronics has found a theft problem at its warehouse and has decided to hire security guards. The firm wants to hire the optimal number of security guards.
Explain how do the principles of microeconomics which you have leaned in this course apply to other nations.
Assume that software purchases by businesses are treated as expenses, as they were before November 1999. Calculate GDP using three different approaches: expenditure approach, income approach, and product approach.
India's policies against exchange rates, foreign trade, domestic monetary systems and foreign policy. Also expand into how the political situation in India has effected the country economically.
Suppose Bank of Canada (BOC) purchases $100 million worth of government bonds from a chartered bank. Assume BOC imposes 5% legal reserve requirement ratio to the banking system.
Construct a table showing the marginal failure reduction (in units) and the dollar value of these reductions for each inspector hired.
Using indifference curve analysis, explain and show graphically the effects of higher gasoline prices on:
The Heckscher-Ohlin model assumes that tastes are the same in Home and Foreign. Suppose now that tastes are different in Home and Foreign.
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