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How is money created? How does fractional-reserve banking work? What is the monetary base? What is the currency ratio. Understand Friedman’s equation for explaining changes in the money supply. What is the currency ratio and how does it effect the money supply? What factors determine the currency ratio? What factors determine the reserve ratio? Why did the money supply drop like a stone from 1929-33?
q.now you want to improve the aggregate production function to increase the provide capacity of the economy. that is
You pay a marginal rate of 3% on the first $10,000 of income and a marginal rate of 5% on the second $10,000 of income. You make $18,000 a year, how much is your income tax?
We are all familiar with fluctuating prices of gasoline at the pump. Explain why does this happen.
Does aggregate accounting enable us to measure also analyze how much a nation is producing also consuming.
The market demand function for corn is Qd = 15 - 2P and the market supply function is Qs = 5P - 6, both measured in billions of bushels per year. Suppose the government wants to raise the price to $4 per bushel. Describe both graphically and algebrai..
If a firm’s short-run average total cost function and its short run variable cost function satisfy: SAC(200, w, r, K) = 16, SAVC(200, w, r, K) = 12, SAVC(400, w, r, K) = 16, at a specific wage w, a specific rental rate r, and specific fixed capital l..
There are two distinct sectors: taxidermists (X) and tap dancers (T). It is surprising that there is complete labor mobility between the two sectors. There are 200 equally talented workers who supply their labor inelastically.
When the Federal Reserve utilizes open-marketplace operations to raise the Federal funds rate several times over a yr.
Illustrate what is the total cost of finding a new plot of grass and getting y units of grass from it.
q1. assume that cookie producers create a positive externality equal to 2 per dozen. what is the relationship between
The Jimmy Corporation issued a new series of bonds on January 1, 1996. The bonds were sold at par ($1000), have a 12% coupon rate, and mature in 30 years, on December 31, 2025. Coupon interest payments are made semi annually (on June 30 and December ..
Write a report named Tax Planning Considerations for Employees. The report will involve tax planning issues related to the organization’s employees. USco designs and manufactures specialized equipment used in various manufacturing applications.
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