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Using the quantity theory of money, answer the following questions:
a. If the money supply increases, show the three different (simple, single variable) responses to the increase.
b. What best describes the response to monetary policy in 2013?
c. What best describes the response to monetary policy in 1973?
what is current investment according to the Classical economists? Suppose consumption falls by $500 billion what will happen to savings and investment according to the classical economists?
Describe the productivity change for every category also then determine the improvement for labor-hours, the typical standard for comparison.
Assume which is more difficult to monitor workers at larger firms than at smaller firms. According to the delayed payment compensation model,
Suppose Corporation X deposits $80,000.00 in cash in commercial bank Y. If no excess reserves exist at the time this deposit is made and the reserve ratio is 30%,
Are chocolate and textbooks complements or substitutes for Jen? b. Calculate the income elasticity for chocolate. Is chocolate a normal good? 2c. Assume we observe the following: Qt = 5; pc = 2; pt = 2.
A philanthropist working to set up a permanent endowment wants to deposit money each year, starting now and making ten more deposits,
Explain when an economy ever pursue a contractionary fiscal policy.
Think the market for new, single family house in Miami. The general demand function for new housing in Miami is anticipated to be Qd =15 - 2P + 0.05M + 0.10R,
Suppose the demand curve for a product is given by Q = 300-2P+4I where 'I' is average income measured in thousands of dollars. The supply curve is Q = 3P - 50.
Discuss three automatic expenditures in the federal budget. What is the difference between discretionary fiscal policy and automatic stabilizers?
Calculate the appreciation or depreciation of the US dollar relative to the Japanese yen.
You are the administrator of hospital and situation has been brought to your attention.
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