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Look up the MB, M1, and M2 numbers in the Federal Reserve Bulletin for the past year. What can you say about their respective growth rates? What implications do these rates have on the conduct of monetary policy?
Using the Lagrangean multiplier approach calculate the optimal (i.e., service maximizing) combination of medical and social staff. Determine the optimal amount of service provided by BF.
What is the difference between a Positive Statement and a Normative Statement
Suppose the Federal Bank has increased the discount rate. With the aid of an aggregate demand-aggregate supply diagram, explain how this monetary policy action will affect real growth and inflation in the short run and the long run. Provide an explai..
You receive payments at the end of each Quarter starting at the end of Quarter 1 and lasting 5 years (so the last payment you receive is at the end of Quarter 20). These payments are an equal series of payments of $500 for all 20 payment periods. The..
You are a representative in the NHL Players Association, responsible for ensuring integrity of the game and supporting rules that maintain/increase fan base. Under current rules, a player who receives a game misconduct penalty is suspended for the re..
Unions tie the hands of management and inhibit efficient decision making. Unions contribute to economic efficiency in that union wage pressure hastens the weeding out of the high-cost, least efficient producers in each industry.
Each of the following will shift the AE Curve for the U.S. except: an improvement in technology of semiconductor chips that increases efficiency and profit opportunities.
Ralph Sampson, the company's CEO, want to cut back on production of the fishing anchor so that the company can make more yacht anchors.
The Targeted Jobs Tax Credit (TJTC) existed from 1979 through 1994. It offered employers a tax credit for each “less-skilled” worker they employed. Assume that the tax credit was fixed at $5 per- hour-worked by a less-skilled worker.
Review the ISO/IEC 27002 standard. Select a section of this standard and summarize its main concepts.
What is the profit maximizing and loss minimizing solution for businesses not engaging in price discrimination? How would you expect an attractive and prestigious job to be compensated and what would an economist tell you? What does a competitive cap..
Groundwater needs to be allocated between two periods, knowing that it will be totally used up in period two. What is the equation for net marginal benefits (NMB) is year 1? What is the optimal allocation of water between the two years? Show all of y..
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