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Question:
Suppose that the money supply grows at 5% per year, the velocity of money is declining at 0.5% per year, and real GDP grows at 2.5% per year. What is the inflation rate?
In what way is a college degree a form of capital? What is the opportunity cost of investing in this type of capital? Is it possible for society to over-invest in this type of capital? Explain.
Again when the income rises by 5 percent, the units consumed of the commodity increase from 100 to 110. What is the income elasticity of demand for the good?
Supply-side economists and monetarists were very worried about the plan and the support it received from the Fed. What specific problems might a monetarist and a supply-side economist worry about?
The problem is belongs to Economics and it is explore about the price rise of a barrel of oil. Based on aggregate demand and supply, a diagram needs to be drawn to show the short run and long run effects on the Australian economy.
Compute the premerger Herfindahl-Hirschman index (HHI) for this market. Suppose that any two of these firms merge. What is the postmerger HHI.
Prior to 1982, AT&T kept local phone rates low by subsidizing them from long-distance profits. Was such cross subsidization in the public interest? Explain.
In the Ricardian model, trade with a low wage country will increase aggregate unemployment levels. Wages in the US are $15/hour while wages inChina are $3/hour. Goods manufactured using only labor will be 5 times cheaper in China.
The authors of the study in Application found that intangible capital became more important relative to conventional capital in terms of accounting for economic growth in recent years. Can you explain their finding?
What do we call government regulation intended to maintain competitive markets and discourage unfair accumulation of market power?
Why math and programming (ex. Excel, R, or Python) is helpful in money banking and financial markets?
The table and figure show GDP measured in terms of total income received by households. Use the table and figure to help determine which of the following statements about the division of income is false.
Illustrate what policy actions have the Federal Reserve taken to confirm that direction.
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