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a) What will happen if the growth rate of the money supply exceeds the growth rate of GDP?
b) What will happen if the growth rate of the money supply falls short of the growth rate of GDP?
c) What will happen if the velocity of the money supply decreases?
d) List two ways in which the velocity of the money supply could decrease.
For each of the following characteristics, say whether it describes a perfectly competitive firm, a monopolistically competitive firm, both, or neither. sells a product differentiated from that of its competitors. has marginal revenue less than price
Democratic Republic of the Congo grows at a healthy 3% per capita, how long will it take Democratic Republic of the Congo to catch up with Luxembourg.
q. the assignment is a report on the united states of americain past 6 years after the recession occurred in mid-2007.
how would two of the rbas policy objectives are conflicting? please give an example. which of the goals would the rba
Consider the market for laptop computers. The demand for laptops is Q = 1800 – 3P. Suppose the supply of laptops is given by Q = –200 +2P. What is the equilibrium price of laptops? What is the equilibrium quantity of laptops? What is the price elasti..
There is a potential entrant, who needs to pay a sunk cost of f to enter in this market. Firms may produce any quantity that does not exceed its capacity.
Suppose the consumption expenditure is C = $100 billion + 0.9*Y. Investment (I) is $100 billion, government spending (G) is $50 billion and exports (X) are $100 billion. Imports depend on the level of income as follows: M = 0.1*Y. Calculate the equil..
The overarching reason of a measurement system should be to help a team, rather than senior managers, gauge its progress.
Suppose a wage increase from $19 to $21 an hour increases the number of job applicants from 50 to 64. What is the price elasticity of labor supply?
What are the different types of unemployment and how are they related to the condition of the economy during a given period? Is it possible for the number of employed workers to increase while the unemployment rate rises? Explain??
The first paragraph gives two goals desired by society that the pure market economy is largely successful in reaching and explains why the market is able to attain these goals. produce and sell the quantity and type of goods and service that people w..
q.in the standard keynesian framework in open economy macroeconomics the supply is assumed to be perfectly elastic and
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