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Since 2009, the Federal Reserve has been unable to stimulate the US economy sufficiently enough to generate 3-5% annual growth in GDP, despite keeping short-term interest rates near zero and institution a massive "quantitative easing" program. Why has monetary policy been unable to do the job? Discuss
For each of the following cases, explain the likely effects on demand/supply, use demand and supply analysis to show the effect on equilibrium interest rates (increase or decrease), other things being equal. Federal government borrows to finance budg..
If operators receive $25 an hour, how many operators should the agency hire. Illustrate what is the most the agency would be willing to pay the first operator.
A furniture maker has an order for 94 identical tables. If the furniture maker estimates his learning curve at 87% and can reach steady production of 7 hours per table on the 7th table, how long should it take to make all the tables? Express your ans..
Sherolyn Davidson was terminated after 25 years at ACME University. She filed an age discrimination case. What types of damages are possible for age discrimination
Is education provided by the government a public good? Explain your answer. Are the externalities associated with common resources generally positive or negative? Give an example of common resources. Is the free-market use of common resources general..
Define the concept of an externality. Why will unregulated market systems not allocate resources efficiently where externalities are present? Draw a diagram to illustrate the over allocation of resources to a market characterized by negative external..
Elucidate your reasons as to whether oligopolies are bad for society in part a and how it applies to the beer industry in part b. Submit your analysis in a one to three page paper.
Choose three of the most effective alternative methods of government finance. Provide a rationale for your choices by explaining why they are the most effective methods, and analyze their impact on the economy.
Suppose you have a sample of body weights from a population of males above 20 years of age. Your sample size is 121 men. Body weights are approximately normally distributed. Your sample mean is 190 pounds, and your estimated population standard devia..
What is the unemployment rate for this simple economy? What is the labor force participation rate for this simple economy? Suppose the working-age population of a fictional economy falls into the following categories: 90 are retired or homemakers; 60..
q1. assume that a leader country has real gdp per capita of 40000 whereas a follower country has a real gdp per capita
q1. suppose the market is initially in equilibrium. the initial demand course is p 90-q. the initial supply curve is
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