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Republicans are already eyeing changes to the inflation measure as a way to meet their goal of halving the budget deficit by 2002. The CPI is used to adjust social security and other benefits, and income-tax brackets, for inflation." The suggested changes will lower the deficit because measured inflation will be
a) increased which lowers real taxes b) decreased which increases real taxes
c) increased which increases social security payments
d) decreased which decreases social security payments
The attendance at baseball games at a certain stadium is normally distributed, with a mean of 44,000 and a standard deviation of 2500. For any given game:
Suppose you expect interest rates to increase in the future. You are not indifferent toward interest rate risk and the desire to maximize expected return. If you hold a portfolio consisting of 50 percent
interpret the 4 firm concentration ratio, the 8 firm concentration ratio and the Herfindahl Herschler Index for the industry The industries involved in the merger are: new Scale Inc., Intel Technologies, Pari Networks, they were merged into cisco.
There are many aspects to this question ranging from additional needed information to supply, demand, cost, and pricing. You may address one or more aspects as desired.
Elucidate tools are used to accomplish conscious fiscal policy.
Should the controller's argument be accepted if she does not really know much about copier technology. What would it make a difference if the controller were knowledgeable about the pace of change in copier technology.
Consider a two good exchange economy with two individuals, A and B. A’s preference is represented by UA = 0.3 lnxa1 + 0.7 lnxa2 and B’s is represented by UB = .8lnxB1 + .2lnxb2. A’s initial holding is (10,4) and B’s is (8,12).
What is the equivalent present value of the following series of payments: $7000 the first year, $6500 the second year, $6000 the third year, $5500 the fourth year, and $5000 the fifth year? The interest rate is 10%, compounded annually. Answer: $2..
Give some examples of how firms in the pure monopoly or near pure monopoly business structure are able to increase profits through price discrimination.
Determine equation for aggregate planned expenditure in this economy.
An oil cartel effectively increases the price of oil by 100 percent leading to an adverse supply shock in both Country A and Country B. Both countries were in long-run equlibrium at the same level of output and prices at the time of the shock.
It has been estimated that an additional doctor could increase the daily output of the clinic by 25 patients, while an additional nurse would increase the number of patients served in a day by only 10. What is the marginal rate of substitution bet..
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