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Q. If nominal GDP is $600 billion and, on the average, each dollar is spent three times per year, then the amount of money demanded for transactions purposes will be what?
Q. The size of the labor force in a community is 500, and 400 of these folks are gainfully employed. In this community, 100 people over the age of 16 do not have a job, and are not looking for work. In addition, 200 people in the community are under the age of 16. The unemployment rate
Illustrate how many would you expect to be sold under each pair of price and income demand elasticity estimates.
Illustrate the effect of each of these proposed policies in a demand and supply diagram of the gun market. For each question, show the price paid by consumers, th eprice received by producers an dthe quantity of guns sold.
what is the size of the bank's actual reserves. Required reserves are 10 percent of transactions deposits under the assumptions of the simple multiplier formula, then eventually the money supply will increase by.
Suppose that firm A and firm B can form a joint venture to pursue either or both of their R&D programs.
Has the U.S. economy experienced inflation or deflation during recent recessions.
Elucidate how scarcity of resources influences this market and describe the choices stakeholders are forced to make.
The ABC Bank of Bermuda has outstanding checkable deposits of $300,000 also a reserve ratio of 10%. If it has excess reserves of $15,000, illustrate what is the size of the bank's actual reserves.
What factors might these types of stores have in common behind their declines.
Elucidate each of the following statements using supply- and- demand diagrams. a. " When a cold snap hits Florida, the price of orange juice rises in supermarkets through-out the country."
Some economists argue that it is possible to raise the standard of living by reducing population growth.
Distinguish between the Federal funds rate also the prime interest rate. Why is one higher than the other.
During the working life, how do you graph that without knowing more information.
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