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List and briefly describe the three primary tools the Fed has to control the money supply and how all three can specifically be used to either increase or decrease the money supply. In other words, how must the tools you list be used to raise the money supply? To lower the money supply?
A profit-maximizing business incurs an economic loss of $10,000 per year. Its fixed cost is $15,000 per year. Should it produce or shut down in the short run? Should it stay in the industry or exit in the long run?
The RAND (short for "research and development") Corporation is a think tank located on 15 prime acres of seaside property in the center of Santa Monica, California. RAND purchased the land for its offices from the city in 1952 for $250,000.
Require some good concepts on a solution to the following situations. How can we pay for this solution? Cuts in present programs or new taxes?
The demand curve for ice cream in a small town has been stable for the past few years. In most months, when the equilibrium price is $3 per serving for the most popular ice cream
Formulate a linear programming model for this problem and prepare the initial tableau if the problem is to be solved using simplex
When is a stratified sample an appropriate sampling technique? specific characteristics of the population are of no concern individuals in a population are not equal each member must have an equal chance of being selected you have a small population ..
What is the current unemployment rate (hint: the update on the unemployment rate is usually released the first friday of each month) Do you think this unemployment rate is generally considered to be above, below or equal to NAIRU
1.how do you know that the firm represented in the graph above is a purely competitive firm?2.to maximize profits this
For a short-run cost function, which of the following statements is NOT true The average fixed cost function decreases with output. The marginal cost function intersects the average fixed cost function where the average variable cost function is a..
Estimate the demand function
Suppose a market is characterized by a unionized and a non-unionized sector. Both sectors initially have supply given by Q=10,000+25w, and demand by Q=20,000-10w,
Draw two diagrams, side by side with the money market diagram for Denmark on the left and the expected return in krone / exchange rate diagram on the right hand side.
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