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What does the Taylor rule imply that policymakers should do to the fed funds rate under the following scenarios?
a. Unemployment declines due to a recovery.
b. A positive supply-side shock causes the rate of inflation to fall by 1% and output to rise by 1%.
c. The economy experiences prolonged reductions in productivity growth while actual output growth is unchanged.
d. Potential output increases while actual output remains unchanged.
e. The Fed revises its (implicit) inflation target up.
The toll-bridge operator is considering an increase in the toll to $7.At this higher price, how many people would cross the bridge? Would the toll-bridge revenue increase or decrease?
Consider the production possibilities curve (ppc) for a country producing only chesse and wine. The first few resources transferred from cheese to wine productions are:
On the evening of the vote, local union officials voiced serious objections to this statute. Outline the basis of the argument most likely used by union officials.
What is the economic term for productive resources that provide a means for society to produce and distribute its goods.
analyze grossmans model and how effective this model is at predicting the life expectancy of the elderly. apply this
For what values of λ and y will signaling occur (a separating equilibrium)? For what values of λ and y will signaling not occur (a pooling equilibrium)? Briefly explain.
Describe and explain why a socialist system might be the best in responding to the needs of people struck by an emergency situation like the earthquake that occurred in Haiti in January 2010.
A hypothetical study examines the operations of a couple of hundreds medical clinics, with the data for amount of expenses for new medical equipment relative to total expenses in particular year(s), and the amount of revenue per physician in subse..
Consider that there is now a website that helps professors check for plagiarism by comparing student papers with millions of online pages using the top 20 search engines. The system even identifies papers composed of bits and pieces of online text.
People enjoy outdoor holiday lighting displays, and would be willing to pay to see these displays, but can't be made to pay. Because those who put up lights are unable to charge others to view them, they don't put up as many lights as people would..
USING A DEMAND AND SUPPLY DIAGRAM, ILLUSTRATE AND EXPLAIN THE NET WELFARE LOSS FROM IMPOSING SUCH A QUOTA. UNDER WHAT CIRCUMSTANCES WOULD THE NET WELFARE LOSS FROM AN IMPORT QUOTA EXCEED THE NET WELFARE LOSS FROM AN EQUIVALENT TARIFF
Give an example of how segments help marketers to analyze data. How does this differ from aggregate data? Your answer should be 200-300 words in length. Include citations where appropriate.
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