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1. Define the LEI Index
2. What are the components of the LEI?
3. How do Economists use the LEI?
4. What is the recent value of the LEI Index? (US)
5. What does it suggest about the state of the economy?
Brian likes both equally and wants to spend an equal amount on the two features. Using indifference curves and budget lines, illustrate the choice that each person will make.
Assume worker productivity increased at the rate what rate of increase in RGDP would be sustainable without increasing inflation pressures.
In order for you to be indifferent between the after tax returns on a corporate bond paying 8.5 percent and a tax-exempt municipal bond paying 6.12 percent,
The value of real GDP in 1997? The value of nominal GDP in 1998? The rate of inflation between 1997 and 1998?
If the economy is at point C, what is the cost of one more automobile and forklift ?
How were GDP, inflation, and unemployment affected during the recession, and how does the model show this? What monetary policies and fiscal policies were implemented during the recession? How did the recession affect U.S. trade relations and the U.S..
Two hamburger restaurants are located at opposite ends of a north-south shopping mall. From end to end, the shopping mall is 1/2 mile in length. Restaurant North and restaurant South each sell hamburgers for $5.00.
What do the unusually large maturity yield differentials noted above suggest about investor expectations of future short term interest rates?
Verify your answer to part (c) by calculating the change in the market value of equity assuming that the relative change in all market interest rates is an increase of 30 basis points.
What is prisoner's dilemma game? How is it relevant in evaluating the likelihood of cheating in a cartel?
It might be hard to imagine demand for money decreasing --- the idea of anyone wanting less money doesn't sound rational --- but it is absolutely true that the demand curve for money is downward sloping. That means the quantity of money demanded goes..
If the MAAR is 12 percent, compute the value of X that makes the two alternatives equally desirable.
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