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The neutrality of money revisited
a. Fill in the empty spaces after Year 1 in the chart below:
b. What is the growth rate of the nominal money supply between years 1 and 2, 2 and 3, and 3 and 4?
c. What is the rate of inflation between years 1 and 2, 2 and 3, and 3 and 4?
d. What is the change in the real money supply between years 1 and 2, 2 and 3, and 3 and 4?
e. What assumption has been made about real output growth if this data describe the medium run?
develop a preliminary description of possible benefit segments
Perry is a freshman, he estimates that the cost of tuition, books, room and board, transportation, and other incidentals will be $30000 this year. He expects these costs to rise about $1500 each year while he is in college.
The unemployment rate is an important economic indicator. Please review this video and discuss how your chosen country's unemployment rate compares to that of America.
Studies indicate that the price elasticity of demand for cigarettes is about 0.4. If a pack of cigarettes currently costs $5 and the government wants to put a tax on it to reduce smoking by 20%, what should be the size of the tax per pact of cigare..
Consider a monopolistically competitive -market with N firms. Each firm's business opportunities are described by the following equations: Demand: = - Marginal Revenue: = - 2 Total Cost: = 50 + Marginal Cost: = 2 a. Ho..
Check the Federal Reserve Board's semiannual monetary policy reports to the Congress (www.federalreserve.gov/boarddocs/hh). In these reports, which are published every year in February and July, the Federal Reserve Board members provide economic p..
The director of a nonprofit foundation that sponsors 8-week summer institutes for graduate students analyzed the costs and expected revenues for the next summer institute and recommended that the session be canceled. In her analysis she included a..
Fred is a salesman who can sell enough to generate $200,000/year worth of profit for his company. He earns only $110,000 in compensation. What is the value of his outside or next best alternative?
Examine the charts and correlation tables. Do men or women pay (on average) higher rents? How can you tell?
laboratory equipment sells for $75,000. The manufacturer offices financing at 8% with annual payments for the 4 years for the $50,000 of the cost. The salesman is willing to cut the price by 10% if you pay cash.
Freedmania is a small society that produces and consumes just two goods: tequila and medicine. The price of tequila and medicine are both $1 per unit, but the marginal utility of medicine is greater than the marginal utility of tequila.
What is the algebraic equation for this curve d) Now suppose I1 increases to 1100 and I2 decreases to 900. How would the market demand curve shift How would the individual demand curves shift
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