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1. Why do people hold money?
2. What are the tools of monetary policy and how can the Federal Reserve apply these in a recessionary environment?
Suppose the economy is operating below the natural level of output. Discuss the arguments for and against using devaluation in such a situation.
1. What is the different between the terms inner and outer loop. How it can be used? 2. Explain that validating data ensures that it falls within an acceptable range. Why it is important? 3. Discuss the differences between while and for loops. Can y..
Next, consider the follwoing three scenarios and to describe the likely effects of an activist policy in both the short and long run.
Your consulting company has been hired to analyze the results and make recommendations.
question 1type the following command in stata to load the smoke dataseta you are interested in examining whether living
The Law of Demand states that the demand for a product is inversely related to the price of such product. Therefore, the demand for a product is considered downward sloping. This implies that quantity demanded increases when price decreases. Is this ..
List and briefly discuss the key components of the Keynesian approach to the AD/AS model.
Consider community safety or defense, meaning freedom from crime and threats, to answer the following questions. What sort of good is community safety?
Other writers have found consumer behaviour in certain circumstances that appears haphazard, disorderly or opportunistic (Erasmus,Boshoff et al. 2001). What depicts the general unreliability of these observations?
What market structure have you entered, and why? What can you do to guarantee success in this market? What pricing strategy might you use?
A firm sells its product in a perfectly competitive market where other firms charge a price of $80 per unit.The firm's total costs are C ( Q) = 40 + 8Q +2Q2.
Find an example for network effect when aggregating the individual demand into market demand.
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