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During the financial crisis of 2007%u20132009, the Fed attempted to stimulate the economy by taking actions to increase the money supply. How effective would these actions be if banks remained re- luctant to make consumer loans while households remained reluctant to obtain loans? Briefly explain.
It has been claimed by a well-known papyrologist that during the 4th century the rise of prices in Egypt was a consequence of the debasement of the currency: each price rise reflected a reduction of the silver in the coins. Discuss critically.
How do these experiments explain why England wanted to tax trade in the American colonies; which led to rebellion and the formation of the United States
The marginal revenue received by a firm in a perfectly competitive marketplace is illustrating what
the standard product of labor is 6 flutes per day also the marginal product of labor is 8 flutes per day.
Describe the common allegation that when all firms in an industry are charging the same price, this indicates the absence of competition and the presence of someform of price-setting agreement
A recording company obtains the following information about the demand and production costs of its new.
A few years ago, a construction manager earning $70,000/ year working for a regional home builder decided to open his own home building company.
Which pizza-baking oven would you select and why? State any important assumptions you make in your analysis.
Give two distinct reasons why studies might show that physicians firm might use too few nurses and other aides relative to profit maximizing amount of those two types of input.
If Rhine Company ignores possibility that or firms may enter its market, it should set a price of $10,000 for its product, which is a power tool. Explain how can firm's manager extend planning horizon.
Illustrate what will be real interest rate that clears goods market at G = 2000 and Y = 10,000. Conclude autonomous investment and marginal propensity to invest.
what money growth rate should the Fed aim for to hit its inflation target in that period? If the Fed instead maintained the money growth rate from part a, what is likely to happen to inflation.
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