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Nominal GNP in Kenya was 9 billion shillings in 1967 and 135 billion shillings in 1987. The price level in Kenya (using 1980 as a base year) rose from 40 in 1967 to 200 in 1987, and the population of Kenya increased from 10 million to 22 million in those twenty years. What was the total percentage change in real GNP per capita in Kenya from 1967 to 1987?
Interpret the coefficient on lrpmg. Is it statistically significant? How can you tell? Construct a 95% confidence interval around the same coefficient. Is the coefficient on lcarpcap statistically significant? How can you tell
Suppose further that investment spending is fixed at 100. Calculate the equilibrium level of GDP. Solve for equilibrium levels of Y, C, and S Next assume taxes were reduced by 20 to a level of 180.
Some proponents of price-level or inflation targeting recommend that the Fed target core inflation, which is based on a price index that excludes supply shocks. What is their rationale?
A collateral bond with a face value of $5,000 was purchased by an investor for $4,100. The bond was due in 11 years, and it had a bond interest rate of 4% per year, payable semi-annually. If the investor kept the bond to maturity.
How much profit or loss per haircut does the firm have
Why does prohibiting it often work better in theory than in practice?
As an alternative, the company offers a 24-month lease with a single up-font payment of $ 12,780 plus a $500 refundable security deposit. The security deposit will be refunded at the end of 24-month lease.
Consider a firm that produces military equipment. It employs 2,000 workers and pays each of them a competitive wage of $40,000 per year; its total labor costs are therefore $80 million per year. The firm also has other, non-labor costs of $30 million..
Find Todd's optimal consumption bundle and utility level at that price level, using the Lagrangian multiplier method. Assume the government decides to impose a tax of $5 per unit of x (so that the new price of good x is $10).
A rich graduates of engineering program at your University wishes to start an endowment that will provide scholarship money of $40,000 per year beginning in year 5 and continuing indefinitely.
List and explain the deficiencies and omissions in the auditor's report. Organize your answer sheet by paragraph (scope, explanatory, and opinion) of the auditor's report.
Which of the following do Combined Code rules and SEC regulations require of the audit committee of a publicly traded corporation?
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