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If the money supply is 600, velocity is 5 and the price index is 100, what is real GDP?
Sp represents personal savings. This money does not go into the economy. So why is it counted in this formula?
Depict what will happen in the market for money should new export markets open up to Canadian business. Indicate the equilibrium interest rate.
A credit card company announces that its interest rate is 1.5% per month. What is the corresponding effective annual interest rate?
A 50-mgpd (million gallons per day) water treatment plant was proposed in 2012 for Ureka, Wa.A 60-mgpd plant using the same treatment process was built in 2006 in Vancouver, Wa. for$50,000,000. Given the following additional information and assump..
Elucidate what it means that the preference relation has a utility function representation,
Select an article in a newspaper or magazine that discusses a government policy on goods or services. Summarize the article using at least three economic terms.
Suppose the total benefit derived from a given decision, Q, is B(Q) = 25Q - Q^2 and the corresponding total cost is C(Q) = 5 + Q^2, so that MB(Q) = 25 -2Q and MC(Q) = 2Q.
Refer to the following data on the U.S. consumer price index and answer the questions below. a. Compute the inflation rate for each year 1989-2006. b. Which years were years of inflation c. In which years did deflation occur d. In which years did dis..
Banks fail when all depositors try to withdraw money at same time. One way to stop this problem would be to need banks to hold 100 percent of deposits on hand.
If you are recommending an investment that is on your Approved Product List (APL), what additional information and research sources are available?
Calculate the change in income for a given change in money supply, Δ(M/P) (you can assume that the price level P is fixed at 1). Show graphically what happens when the real money stock is increased. Clearly indicate the distance of the curve shifts ..
Use the loanable funds model to analyze the impact of a wave of optimism spreading over the business community - Find the values for the CPI price indexes
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