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1. What is one long-run implication for monetary policy shared by both Quantity Theory of Money and the Natural Rate Hypothesis?
2."When we are in a liquidity trap, monetary policy is weak and fiscal policy is powerful." True or False ? Why?
Assume that the treasury is currently running large surpluses (tax collections exceed new government spending). On a S/D diagram show the effect on Treasury Bond markets of using these surpluses to buy back outstanding treasury securities.
what is the levelized cost of electricity per kW-hr and Which press should you purchase if 120,000 nondefective units per year are produced by each press and all units can be sold?
provide a cost-benefit analysis for a company which has to decide whether to hire more staff or hire temporary workers
The view that union wage demands might be a source of inflation would be best associated with the
When you buy a set of speakers, Best Buy asks if you would like to purchase insurance for your speakers. Assume that paying for new speakers for customers who listen to music at a reasonable level (thus minimizing damage) costs, on average, $150, ..
The demand curve for a product is given by Qdx= 1,000-2px .02Pz, where Pz= $400 a. What is the own price elasticity of demand when Px= $154? Is demand elastic or inelastic at this price What would happen to the firm's revenue if it decided to chan..
Ongoing United States struggles in Iraq and Afghanistan, political unrest in South America, and civil wars in Africa have driven crude oil values up for the last many years.
Suppose the price of c increases to 2, while income remains constant and what happens to the consumption of c and h? Are c and h substitute goods, complementary goods, or neither?
(a) Will a monopolist's total revenue be larger with second-degree price discrimination when the batches on which it charges a uniform price are larger or smaller Why (b) How does a two-part tariff differ from bundling
assume that the potato chip industry in the northwest in 2007 was competitively structured and in long-run competitive
1. when a firm is no longer able to reduce its long run average cost by expanding it has achieved its minimum
If the government knew the cost of reduction for each firm, what reductions would it impose to reach its overall goal What would be the cost to each firm and the total cost to the firms together
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