Q1 illustrate what financial market yield data can the

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Q1. Illustrate what financial market yield data can the Federal use to determine if longer term inflation expectations are well anchored?

Q2. John fishes for a living. Last year, he sold $100,000 of fish. Bait, nets also other fishing supplies cost John $10,000 also he paid $40,000 in salaries to his he lands. Depreciation on his boat also other equipment, as computed using IRS rules, was $15,000. Illustrate what was John's profit as would be computed by an accountant

Q3. Explain how the inelasticity of demand for a firm governs the degree of monopoly by controlling the range for raising price.

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