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What is a deflator used for?
How do we compare growth across countries?
What was de-industrialization?
Define institutions and the identification problem.
Julio receives utility from consuming food (F) and clothing (C) as given by the utility function U(F,C)=FC. In addition, the price of food is $2 per unit, the price of clothing is $10 per unit, and julio's weekly income is $50. What is julio's margin..
How does model analysis compare to cost benefit analysis regarding transportation planning? What political elements are involved with transportation planning for cities? Would you recommend a single method of analysis or a combination of methods of a..
An investment project has expected or average annual cash flows of$50,000 with a standard deviation of $20,000. The distribution of annual net cash flow is approximately normal. Determine the probability that the annual net cash flows will be less th..
The crop of hops in the Yakima Valley has been greatly affected by the recent forest fires in the state of Washington, and craft breweries in the Northwest turn to hops from Germany as a substitute for Washington hops. How would you illustrate this c..
To decrease aggregate demand, the Federal Reserve would. When banks find themselves with excess reserves, they typically. When the Federal Reserve buys Treasury bonds from the public in the open market.
Suppose the Federal Reserve Bank adopts expansionary monetary policy. Using the graph of supply and demand for the market of short term Treasury securities, show graphically and breifly explain what happens to the price of short term treasury securit..
An effective price support and subsidy to sugar growers? ______. The table shows the market for apartments. An effective price support in the wheat market? ______. Which of the following is not an outcome of an effective rent ceiling in a housing? ma..
What is "automatic fiscal policy" and how does it fit Keynesian fiscal policy to stimulate the economy in a recession, in terms of Government spending
Alternative X has a first cost of $5 million and an annual maintenance cost of $200,000. Alternative Y has a first cost of $7 million, a maintenance cost of $40,000 and periodic expenditures of $100,000 every five years. If both alternatives have inf..
What is the third world debt crises that was primarily attributed to the recycling of Petro dollars in 1970s and 1980s by International Banks in financing the development process of a several developing countries in Asia, Sub-Saharan Africa and Latin..
In Chapter 2, you learned about the concept of opportunity cost, and the Section 2.1 review video demonstrated this concept. In your initial post, respond to the following: Describe various opportunity costs of attending a four-year college (assuming..
Use the GG-LL diagram to show how an increase in the size and frequency of unexpected shifts in a country's money demand function affects the level of economic integration with a currency area at which the country will wish to join.
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