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What is an intermediate target?
What are the characteristics of a good intermediate target? And why did the Fed abandon money supply as an intermediate target?
Also, based on the quantity theory of money, when and why would money growth serve as a good intermediate target?
Using the appropriate graph, carefully describe why utility maximizing households would most likely chose to have fewer children as their income grows.
Why does the short run Aggregate Supply Curve slope upward? Why does the long run Aggregate Supply Curve a vertical line at potential GDP? Why is there a difference between the long run and the short run when looking at the Aggregate Supply curve?
Cameron visits a sporting goods store to buy a new set of golf clubs.
First, briefly describe the loanable funds market. Next, in the domestic economy the government is running a budget deficit and needs to borrow money. Describe what will occur in the loanable funds market.
Explain why "globalization" may well be related to "long-term household wealth" and the domestic "velocity of money" in the U.S. macro-economy.
What is the principal remaining after 15 monthly payments have been made on a $23,000 four-year loan? The annual interest rate is 12% nominal compounded monthly. Please show all steps.
Discuss how changes in household disposable income, housing and stock wealth, and debt-generated movements along and shifts in the U.S. saving function. Explain these effects, assuming other things were equal.
What is the differences between a default vulnerability scan and a credentialed scan exactly?
Holding all other forces constant, if decreasing the price of a good leads to an increase in total revenue, then the demand for the good must be:
An engineer designs an improved light bulb. The previous design had an average lifetime of 1200 hours. The mean lifetime of a random sample of 2000 new bulbs is found to have a mean lifetime of 1201 hours.
Some countries like Spain engage in expansive monetary policy to stimulate the economy. What was the effect of this policy on the interest rate, the exchange rate and output? Because of this Spain's irresponsible monetary policy, Spain was in risk of..
Select a Government Regulation. Identify a particular government regulation of your choosing that in your opinion has either been successful or a failure. Briefly state the original purpose of this regulation and whether it has changed over time. The..
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