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List all the tools of monetary policy. List two monetary policy targets. List two ultimate goals of monetary policy. B) Explain how the bank credit channels (two channels) of monetary policy transmission operate. Illustrate with the scenario where the Federal Reserve Bank undertakes an open market purchase. C) What are some of the conditions for effectiveness of the bank credit channels of monetary policy transmission? List at least two and explain why they are necessary.
Why a change in the way government might makes transfers to the poor change the poverty rate even if there is no change in the amount of money transferred?
If the American auto companies make a breakthroufh in automobile technology and are able to produce a car that gets 70 miles to the gallon, what will happen to the value of the dollar? Use the demand-supply model of the dollar to explain.
If the two firms each maximise profits independently, explain how much output would each firm produce. Explain how much quasi-rents would each factory earn.
The BlackBerry production function is Q = 2.83L1.52K0.82. Epple et al. (2010) estimate that the production function for U.S. housing is q = 1.38L0.144M0.856, where L is land and M is an aggregate of all other mobile, non-land factors, which we call m..
If the patent on a drug expires and the average price of the drug falls to a lower equilibrium price, there will be:
q. a major statistics canada household survey the survey of labour and income dynamics or slid the latest of which is
Suppose South Korea imports $4 billion in goods and services, and exports $2.5 billion in goods and services. South Korea’s trade balance is ____________. This trade balance is called a ____________.
Enlighten these concepts in terms of specialization, opportunity cost, trade as well as comparative advantage.
Your friend tells you that in her country it is common to pay bribes to gain favor with important people Comment on both positions from a relativistic ethics point of view What do you believe and why?
Given the market for wheat in equilibrium, assume that the government imposes a price floor on wheat. Explain what happens to the market for wheat as a result of this action? Draw and graph to fully illustrate the situation.
In the summer of 1972, due to extensive crop failure in the (former) Soviet Union, Russia spent over $1 billion to purchase American wheat. Since the American crop had been completely harvested when the Russian deal was made, American farmers were un..
The ABC Corporation is contemplating purchasing a new computer system that would yield a before-tax return.
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