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Problem: Suppose that this year's money supply is $500 billion, nominal GDP is $10 trillion, and real GDP is $5 trillion.
a. What is the price level? What is the velocity of money?
b. Suppose that the velocity is constant and the economy's output of goods and services rises by 5% each year. What will happen to nominal GDP and the price level next year if the Fed keeps the money supply constant?
c. What money supply should the Fed set next year if it wants to keep the price level stable?
How are the demographics of the United States workforce changing? How might these changing demographics have an impact on an organization's recruitment strategies and methods?
what do think led to the end of the Great depression that had had caused a serious shock to the US market?
If your worker stated that they would match your contributions up to 50 percent, and how much would you contribute.
What is the profit-maximizing price for this firm? On the graph show the area, which area represents the net loss to society resulting from the monopoly power conferred by the patent?
According to the life-cycle hypothesis, determine the typical pattern of saving for an individual over his or her lifetime?
If trade barriers are "second-best" policies with costs to consumers that are significantly greater than their benefits to producers, why are trade barriers enacted? Explain.
Explain in briefly about two paragraphs the supply and demand analysis and the impact of government regulations at McDonalds.
The Great Recession has put cities in economic peril and state officials in political turmoil. The Governor of New York State believes that the strength of the state's economy lies in the vitality of its metropolitan areas. However, the governor k..
Because net exports are counter-cyclical, analyze how the following change during an economic expansion: Consider the case in the context of a flexible exchange rate and a fixed exchange rate.
Describe how each item affects you and the way that you live today. List the four components of Gross Domestic Product(GDP) and provide an example of each.
What did Congress hope to achieve by setting this price control?
Suppose Fred deposits $8,000 in cash into his checking account at the Bank of Bonzo. The Bank of Bonzo has no excess reserves and is subject to a 5 percent required reserve ratio.
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