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If the head of the Central Bank of Japan wanted to expand the supply of money in Japan in 2009, which of the following would do it? Explain your answer. Increase the required reserve ratio Decrease the required reserve ratio Increase the discount rate Decrease the discount rate Buy government securities in the open market Sell government securities in the open market
Determine the profit-maximizing prices both firms will charge. In addition, calculate the price-cost margin for each firm and indicate which has more pricing power and why.
Price ceiling sets a maximum not illegal value that a seller may charge, typically placed below equilibrium. What do you think of a government placing a price ceiling next time gasoline prices rise above $4.00 a gallon?
Top Gun Marketing, Inc., offers overhead banner fly-by promotion services using their Cessna aircraft and banner creation facilities.
For each of the given below statements, state whether the unemployment is structural or cyclical.
The Bureau of Labor Statistics reported that in December 2002, total labor force was 142,542,000 of a possible 214,967,000 working age adults.
Determine, how the following will affect the slope of the output demand curve, and explain your results:
A firm in perfectly competitive 'industry has this cost function: TC = 900 + q^2-If market demand is QD = 1800 - 20P, what is the long-run equilibrium price, quantity produced by the firm and the industry, and the number of firms in the industry?
Suppose a risk-averse consumer has an initial wealth of $5,000 and a utility function U(M) √M.. He faces an 80 percent chance of losing $4000, and a 20 percent chance of losing $0.
Suppose that you have following open economy where C = 10 + 0.8(Y-T); I = 10; G = 10; T = 10 and imports and exports are given through IM = 0.3Y and X = 0.3Y* respectively
Illustrate what is the effect of an import quota on the supply and price of domestic sugar. How many units of sugar will domestic produces supply after the quota is imposed.
Explain how does inflation affect an company's decision-making process.
Suppose no increase in the price of labor, how many workers will the bakery hire.
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