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Mathematics is a very important discipline in economic analysis. This is largely due to the fact that most variables in economics are related and can as well be expressed mathematically. Give examples of economic relations that may be solved mathematically.
When the Bank of Canada sells the government bonds to a commercial bank, the commercial bank experiences a decline in reserves and in increase in bonds. Total assets are unchanged; this is just a portfolio switch between bonds and cash.
What does gross domestic product tell us? How did GDP change from 2008? What caused these changes? What is real GDP? What was real GDP in 2008 and has it changed since 2008?
Westside Bakery is planning opening a new branch in Abingdon, IL. Westside will initially sell only loaves of wheat bread. The fixed costs including building,
Finally, compare the relationship between the trade and budget deficit in each decade . Write a paragraph and summarize your findings. You may use different sources to help you with this assignment.Make sure to include tables for your data.
Following the recession, the rate of savings in the united states doubled. why do you think this is How do you think the increase in savings affected overall consumption? Since, on average, 70% economic activity in the United States
Which one shirts or sweaters, has a demand-elasticity which allow you to increase the price, sell fewer units BUT still increase your revenues.
What does a contractionary gap imply about the actual rate of unemployment relative to the natural rate. What must happen to real and nominal wages in order to close a contractionary gap.
The New England Soap Company is considering adding some processing equipment to the plant to aid in the removal of impurities from some raw materials. By adding the processing equipment, the firm can purchase lower-grade raw material at reduced cost ..
Suppose Morgan Guaranty, Ltd. is quoting swap rates as follows: 7.75 - 8.10 percent annually against six-month dollar LIBOR for dollars and 11.25 - 11.65 percent annually against six-month dollar
Suppose Sam's Savings Bank has the following balance sheet with all amounts in millions of dollars): Assets Liabilities + Capitol Cash 5 Transactions deposits 267 Deposits at Fed Res 10 Time Deposits 569 Gov Bonds 20 Subordinate Debt 38 Gov Bond A..
Its president administers schools, for example, a college of business and a college of liberal arts. The college of business each of these in turn has a dean who is responsible for faculty departments such as economics and finance.
(a) What kind of utility function does Quasimodo have? (b) If the price of x is p and price of money spend on other goods (y) is 1, then what is his inverse demand curve for earplugs?
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