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In the monetarist model
A) the central bank should adopt a gold standard.
B) the free market should be managed by use of fiscal policy.
C) private sector behavior is inherently volatile
D) the money supply is assumed to be controlled by the central bank
Suppose that since some base year, the the price index (or GDP deflator) has increased from 100 to 125. During the same time period, NOMINAL GDP has increased from $500 billion to $600 billion. What is the value of REAL GDP at the end of this period ..
a marketing order for oranges has a fixed total supply of q1000 crates a month. demand in the fresh orange market is qf
If interest paid on the account was compounded annually, explain how much interest on interest was earned.
Stan Money maker has been shopping for a new car. He is interested in a certain 4-cylinder sedan that averages 28mpg. But the sales-person tried to persuade Stan that the 6-cylinder model of the same automobile only costs $2500 more and is a better v..
Lisa plans to retire on her 61st birthday. On her 22nd birthday, Lisa will start savin $A per year for 40 years. Starting on her 62nd birthday, Lisa plans on withdrawing $10000 and will continue these annual with drawls until the account is exhausted..
Assume Caesar allocates his entire budget to the purchase of chips as well as soft drinks.
Illustrate what if accidents costs decrease with precaution. Explain how does this affect efficient level of precaution. Explain.
What is the marginal rate of substitution (MRS) and why does it diminish as the consumer substitutes one product for another? Use examples to illustrate.
Elucidate how many units does each industry produce, elucidate how many industries will exist in this marketplace.
Estimate cost elasticity of demand for education at this university. Is cost elasticity of demand for university tuition elastic or inelastic according to answer in part (i) Why.
How much Medicare Tax did she pay? What is her marginal tax rateon her federal personal income tax? Details are related to the U.S.
Intra-industry trade may be associated with a smoother adjustment process than inter-industry trade because
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