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It is given that the money demand fucntion is (m/p)d=1000-100r, where r is interest rate in percent. The money supply(M) is 1000 and the price level(p) is 2.
a) graph the supply and demand for real money balances.
b) what's the equilibrium interest rate?
Discuss the information-gathering techniques and design methods you would propose to use for the project.
Economists are in almost universal agreement that Free Trade is good for all countries. Explain why are they in such universal agreement.
Proponents of trade liberalization which freer trade might actually improve the quality of the environment.
Use the data below to find out the growth of income per person (over the entire period, not an annual basis) between the two years listed.
Illustrate what phase of the business cycle is the United States currently in. Describe in detail. What is the latest GDP.
Assume W = 10 000. Draw the aggregate expenditure function on a scale diagram along with 45°line. What is the equilibrium level of national income?
Explain briefly the advantages and disadvantages for each tool the Fed can use to manipulate the federal funds rate.
In an integrated world financial market, a financial crisis in a country can be quickly transmitted to other countries, causing a global crisis. What kind of measures would you propose to prevent the recurrence of a Asia-type crisis.
A group of firms in competitive market produced 20 units of a good when the market price was $2. They incurred no marginal cost. Eventually they realized the benefits they could get by teaming up and acting as a monopolist.
What are the 3 "general ways" (Money can be classified into 3 group) that you use our monetary tool (the US $) to make your life better Why did some people say "money is the root of all evil" when money has always just been an inamite tool
If there is a positive Net Advantage to Leasing the industry will lease the equipment. Otherwise, it will buy it. What is the NAL.
In "The Journal Of Economic Perspectives" published by the American Economic Association studied the concept of standard of living from 1800 to the present. They talk about health, birth rate, length of life, literacy, and politics.
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