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a. In order to reduce the high inflation and high unemployment of the 1970s, the Federal Reserve decided to raiseinterestrate to astronomical levels. How can high-interest rates cure high inflation and high unemployment? What are the consequences of such a policy?
b. Some economists argue that unemployment is largely voluntary and other say it is largely involuntary. Pick a point of view and argue for it. Feel free to use real examples for your answer, be sure to address the other side as well, that is not only why your view is right but why the other is not.
Describe the culture depicted in the film. This should include their name and location along with a description of their beliefs.
Suppose the Federal Reserve is considering the applications of four different banks to merge with other banks. Given the level of the new HHI and the change in the HHI shown below, in which case could the Fed challenge the merger?
What is the particular form of money (M1,M2, etc.) that would be the smallest measure that includes the type of money described in the article. (For example, if the article is about cash, write "M1." Although all other forms of money include cash, M1..
Describe how such activities may work against horizontal equity in the tax system. How might tax simplification reduce avoidance and evasion?
Ashley (Brand A) and Lino (Brand L) are the leading brand names of fitness shoes. Solve for the Nash-Bertrand equilibrium prices. Then, compute the equilibrium output levels, the equilibrium profits and aggregate industry problems:
q.assume that an economy characterized by m 6000 billionv 2.5p 100a illustrate what is the real value of output q?
Distinguish between an absolute advantage in trade and a comparative advantage. Explain why it is possible to have a comparative advantage in the production of a good, but not an absolute advantage.
Discuss how a business manager might use CPI statistics? Find the annual CPI index numbers for gasoline prices for the years of 1995, 2000, 2005, 2010 and 2015.
As a writer, propose one explanation for why inform consent either should or should not be required for research using human participants.
If $32,000 is invested now, $42,000 two years from now, and $53,000 five years from now in a savings account that pays interest rate of 7.5% compound annually, what will be the total amount in the account in 10 years?
Your lectures in the first half of our course presented the 21st-century medical technologies that now drive healthcare (and drive healthcare costs) in America. Describe at least three examples of these technologies.
In the specific-factors model, an increase in the price of the manufactured good will cause:
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