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Use the following data table to determine the equilibrium real interest rate after certain factors change:
Month Real Interest Rate (%) Loanable Funds (trillions of $) Exogenous Change Equilibria (increases, decreases, or no change)
January 3% $3 no change no change
April 3% $4 increased fund supply?
July 4% $2 decreased fund supply?
December 3% $3 increased fund demand?
Prove that if the weak preference ranking R is transitive then the corresponding strict preference ranking P (using the definitions we gave in class; this is always understood whenever we are talking about indifference and strict preference) is also ..
q. 1. what is the base year used to calculate the official consumer price index?2. what was the consumer price index in
q1. a new public to complete works project requires 200000 hours of labor. but if the labor market is competitive and
Explain how each of the following variables will be affected by proposed steps that you have identified in the first part of the discussion: money supply, interest rates, inflation rate, aggregate demand, and output. Provide support for your respo..
You find that your paycheck for the year is higher this year than last. What does that mean that your real income has increased. Explain carefully.
Describe elderly individuals who complain about the increasing cost of their medications have no real complaint.
Illustrate what is the (true) value of the marginal product of each black worker. Discuss the employment decision made by firms for which d = 0.2 and d = 0.8 respectively.
Which of the following two examples illustrates adverse selection and which illustrates an incentive problem? Explain your answer. In each case, give one method that the restaurant might use to reduce the problem.
If demand falls, what should happen to a monopolist's price, output, and economic profit? (Ensure question is answered completely). What is outsourcing? Describe (3) advantages and (1) disadvantage a firm has when they use this strategy.
Suppose the demand for a movie ticket can be written as: If the cinema can offer tickets to a movie at zero marginal cost and can verify the purchaser’s age, what prices will be charged?
Suppose that the market for wheat is characterized by the following demand and supply relationships.
This is largely because the Chinese government makes sales in China contingent on a company's willingness to locate production there. The government wants Chinese companies to learn modern management skills from other international companies.
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