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Question: Here are annual values for M2 and for nominal GDP (all figures are in billions of dollars) for the mid-2000s.
Year M2 Nominal GDP 2003 6,055.5 $10,960.8 2004 6,400.7 11,685.9 2005 6,659.7 12,421.9 2006 7,012.3 13,178.4 2007 7,404.3 13,807.5
Compute the velocity for each year. Compute the fraction of nominal GDP that was being held as money.
What is your conclusion about the stability of velocity in this five-year period?
Explain why an efficiency wage could help telecom companies to increase the productivity of repair techs.
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What is the maximum amount that Sharpeland Bank can loan out if it wants to keep all of its bonds? What is the maximum amount that the banking system can create given the balance sheet above?
Examine the rates of growth in the service categories (except the category "other"). What trends do you see in the mix of healthcare services used by the US public? What factors might contribute to these trends?
A firm is competitive in both product and resource market. The firm's short run production function is given by Q = 0.5L1/2 where L is the labor input. Assume the wage rate is $10 and the firm's fixed cost is 100. If the price of the good in the m..
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If this were instead a perfectly competitive market with a supply curve the same as the monopolist's marginal cost, what would output and price be?
The disadvantages of a sole proprietorship is that the proprietor is exposed to unlimited liability - lead to higher interest rates on all debt securities in the economy
Determine the optimum economic thickness of insulation. Under the following conditions, determine the optimum economic thickness of insulation for a 1-in. standard pipe carrying saturated steam at 100 psig.
In this section you will develop your own opinion of the subject topic from what you have learned about the subject.
Write the relationship between the human resources strategy and the employees performance in an organization in private sector in Jordan.
what are the problems with unemployment and what are the problems with the way that the government measures
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