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What is federal fund rate (also called the monetary policy rate)? How does the Fed use this tool of rate to conduct monetary policy during recession and during inflation? Explain the way the Fed increase or decrease under what state of the economy and their relative effects on employment, RGDP and inflation. You may use hypothetical diagram as part of your explanation.
Why is the equality of marginal revenue and marginal cost essential for profit maximization in all market structures? Explain your reasoning.
Argue the case for and against the introduction of rent controls in a particular city from the point of view of existing tenants.
Analyze how the law of demand applies to a recent purchase that you made. Describe how the product has changed in price and explain whether the price change is due to supply or demand. Did the change in price affect your decision to purchase the item..
Write a brief summary of what the article The House that Uncle Sam Built are the causes of the recession and the housing bubble? Do you agree? Why or Why not?
The authors of the study in Application found that intangible capital became more important relative to conventional capital in terms of accounting for economic growth in recent years. Can you explain their finding?
The table below shows the demand and supply for ice creams. What is the equilibrium price and quantity in this market for ice creams
The Bureau of Labor Statistics reported and total number of unemployed workers.
the data contained in the following table shows the tradeoffs that occur in an economy that produces only two types of
1. at 7.0 effective annual interest how much should be deposited at the start of each year for 10 years 10 deposits in
One of the functions of money is that it is a 'store of value'. Explain and What is the difference between fiat money and a credit card
Explain how and why the firms demand curve for labor will compare to that of the firms operating in a competitive product market, and the consequences for the firms employment of labor. No graphs or calculations are needed.
Discuss the implications of low-skilled worker immigration into the UK for UK wages, trade and output within the framework of the Heckscher Ohlin model.
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