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Discussion
Describe what happens when firms and workers underestimate future prices in the economy. Focus your answer on what would happen to actual output as opposed to the expected potential output.
Suppose a linear demand function is estimated for good x as, Qd = 100 – 4*Px + 6*Py + M. where Px = $4, Py = $2, and M =10. M is the average income of consumers, measured in thousands of dollars. What is the price elasticity of good x? (choose the ne..
Using your own analysis of the map, formulate your own theory of the possible role of the Palawan peninsula in the history of civilization in the early Philippi
After looking at and researching the sites as a marketer and as a customer. Which one in your view does better marketing its products
Assume the Federal Reserve decides to sell $25 billion worth of U.S. Treasury bonds in the open market. Describe the process through which this action will impact the level of reserves in the banking system.
Over the same time period, in a related lending market, asset-backed commercial paper, we see a huge quantity increase as shown in the “Asset-Backed Commercial Paper” graph. Did prices for these loans increase or decrease? Justify your answer using/r..
Consider the functionY=sqrtXZ where X>0 and Z>0. Draw the contour lines (in the positive quadrant) for this function for Y= 4, Y= 5, and Y= 10. What do we call the shape of these contour lines? Where does the line 20X+ 10Z= 200 intersect with the con..
As your client is intent on investing aggressively, you will want to include the "beta" associated with each instrument relative to the S&P 500 Index.
A proposed steel bridge has a life of 50 years. The initial cost is $350,000, and the annual maintenance cost is $12,000.
In this discussion, you will explain the role of the business cycle in government and private sector decisions. Data on GDP and economic growth are considered lagging indicators because they report information on what is already known. Should wages a..
If citizens were to decide that in the long run, federal expenditures should be 28 percent of national income, what must be the required overall average federal tax rate? (Please answer this in as much detail as possible, I am having a really hard ti..
We are interested in checking if larger cities have higher rates of influenza than we would expect just from them being larger (Does a 1% increase in population result in a more than 1% increase in Influenza). Compute the t-statistic and determine if..
Bob consumes only apples and bananas. He always prefers more apples to fewer, but he gets tired of bananas. If he consumes fewer than 29 bananas per week, he thinks that 1 banana is a perfect substitute for 1 apple. His indifference curve that contai..
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