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Macroeconomics - Monetary Economics
I need some help with the following questions:
Answer True, False or Uncertain. Briefly explain your answer
1. A permanent increase in money supply cannot affect any variable in the OLG model of money.
2. In the OLG model of money, fiat money does not pay interest, so money's rate of return is 1.
3. Suppose that the government finances its expenditure through seigniorage revenue. There exists an upper limit on the amount of the seigniorage revenue that can be generated.
4. The original Phillips curve finds that there is a negative correlation between inflation and output growth.
5. The Lucas critique indicates that the government can use a random monetary policy to stimulate output.
Graph the supply and demand curves. Please identify the x and y axis properly, the Price and quantity intercepts and equilibriumraph the supply and demand curves. Please identify the x and y axis properly, the Price and quantity intercepts and equili..
An economic system, in which economic decisions are controlled by the internal interaction of supply and demand, is known as a Illustrate what.
What percentage of total spending must president and Congress act upon each year. What accounts for remaining expenditures.
If you were starting a soap business (laundry soap), what strategy would you use to compete with Procter & Gamble and Clorox ? How would you reach your target market? How and where would you advertise? We talk about the power of word of mouth-how do ..
Suppose the equilibrium price of oranges is .79, but government takes steps to prevent the price from exceeding .60. The likely result will be a:
A multi concept restaurant incorporates two or more restaurants, typically chains, under one roof. Sharing facilities reduces costs of both real estate and labor. The multi concept restaurants typically offer a limited menu, compared with full-sized,..
Suppose Congress (in an attempt to stimulate the economy in both the short and long run) passes an investment-tax credit designed to increase domestic investment. How will this policy affect national saving? domestic investment? net capital outflow? ..
An advertising campaign that makes people more aware of the benefits of chiropractic care
This means that an individual firm's marginal cost is given by MC = 4q.Also, the market demand is given by how much output will each of them produce?
(a) To what degree is radio broadcasting a public good? (b) To what degree is a highway a public good?
Illustrate what are the types of business organization/ company forms, and their pros and cons (advantages and disadvantages) from an economist point of view.
Utilizing a graph of equilibrium in the housing market, describe carefully which parties win and which parties lose from rent control.
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