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If the money supply is growing at a rate of 6 percent a year, real GDP is growing at a rate of 3 percent, and velocity is constant, what will the inflation rate be?
a. Writing in the Wall Street Journal, Martin Feldman, an economist at Harvard University, argues that Behavior responses of taxpayers to the cut in the marginal tax rates enacted in 1986 resulted in an enormous rise in taxes paid, particularly by those who experienced the greatest reductions in marginal tax rates. How is it possible for cuts in marginal tax rates to result in an increase in total taxes collected?
b. In 2010, $1.00 U.S. bought 8.24 Chinese yuan and in 2012 it bought 6.64 Chinese yuan. How many U.S. dollars could 1 Chinese yuan purchase in 2010 and 2012?
Illustrate what is the short-run supply curve for each firm in the company. What is the short-run supply curve for the industry as a whole,Qs.
Illustrate what is approximately the maximum amount the rm is willing to pay to be allowed to use e more units of input x, for e small
When companies expand into the international arena, they do so either because their home market has matured or because they see real opportunities in the foreign market. Discuss which kinds of international strategies are most appropriate for compani..
A charitable university benefactor has decided to donate a large amount of money for student scholarships.
Utilizing the preceding write equations for total cost, average cost, and average variable cost.
Suppose production price is 20. The firm views that price as beyond its control.
The following is intended to explore what kinds of cross-price demand relationships are logically possible in a two-good model with exogenous income.
Two firms compete in an undifferentiated Bertrand market. Suppose that the firms face a demand curve given by P = 60 – Q and both firms have constant marginal cost of 40. What is the market clearing Bertrand price and quantity?
who are well-known to be boring, stuffy types; what could be a better way to reinforce one's credentials as a radical, innovative thinker than to skewer their most beloved doctrine.
Explain by how much does the total amount of deposits in the banking system increase. By how much does the money supply increase.
Anation's consumption function (expressed in millions of inflation- adjusted dollars)is: C=200+.80*DI. what is value of autonomous saving.
What happens to the money supply, interest rates, and the economy if the Federal Reserve is a net seller of government bonds? What happens to the money supply
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