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Question: Assume that the velocity of money is constant and real GDP growth is 2.5%. Janet Yellen and the Fed are targeting a 2% inflation rate. What is the target growth rate in the money supply? How much new money needs to be injected in the coming year to meet the target? Explain.
a) Explain what happens to observed prices in posted offer and double auction markets when there at least two sellers. b) Explain what happens in these two markets as the number of sellers drops to only one seller.c) explain how part
The demand for luxury goods is more price elastic than is the demand for necessities. Why do you believe this is the case or if you disagree explain your reasoning?
a examine your y data excluding the hold out period to determine if it needs to be differenced to make it stationary.
Wise politicians would therefore be advised not to meddle and attempt to affect the economy cycles with discretionary monetary and fiscal policies.
A process for filling cans of tomato sauce at a particular plant yields cans with sodium levels having a bell-shaped (i.e., approximately normal) distribution with an estimated mean of 460 mg and standard deviation of 20 mg. a) Apply the Empirical..
Imagine the difficulties of an employer whose decision context is choosing a new employee from a set of applicants whom he will interview.
Is demand for courses at the universities that did not increase their fees elastic or inelastic with respect to universities that did increase their fees? What is the importance of this degree of elasticity?
you are given the following demand function for the ?rm q 20 - p. its total cost function is tc q2 8q 2.
Compare and contrast perfect competition and oligopoly.
Determine the equilibrium price and quantity for bicycles in Zeeland given the above information. Show your work for full credit and put your answers in the provided spaces
Write a summary (500-750 words) to discuss your data findings and the proposed solutions generated based on applying econometrics and analyzing the data.
What are the key points in Marx's analysis of capitalism? Why did Marx's prediction of a proletariat revolution not materialize? How does Fair Trade differ from Free Trade - what are its advantages and disadvantages?
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