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Why targeting interest rates and targeting the money supply are equivalent if money demand is stable?
Suppose that the current (first) generation consists of 1 million people, half of whom are women. If the total fertility rate is 1.3 and the only way people die is of old age, how big will the fourth-generation (the great-grandchildren) be? How much ..
Which of the following statements best explains federalism?
The fact that millions of jobs are created and destroyed every year is a sign of. Who would be hurt by unanticipated inflation? If the Consumer Price Index was 110 in one year and 117 in the next year, then the rate of inflation from one year to the ..
The right to vote of women is easily one of the greatest victories of Progressive reformers. Since women represented just over 50% of the population, it's fair to say that until women gained the right to vote the United States was not a truly a democ..
Recently, the U.S. Supreme Court ruled that cities could have voucher programs that give money directly to parents, and the parents can then choose between competing schools: public and private. The idea for promoting such a ruling was to create comp..
Illustrate what output level would a perfectly competitive firm produce.
In the early 1980's President Reagan and Prime Minister Margaret Thatcher promoted neoliberal ideas to unleash new investments and economic growth. What was the basis of many of these policies and how well does it work today?
Assuming no change in demand, will the Fed need to increase or decrease the supply of Federal funds? By how much will the quantity of Federal funds have to change for the equilibrium to occur at new target rate?
When demand is elastic, the____________effect dominates the_________effect. When demand is inelastic, the___________effect dominates the_____________effect. When a change in price causes a change in quantity demanded, total revenue always moves in th..
A mathematical approximation called the rule of 70 tells us that the number of years that it will take something that is growing to double. Elucidate how long will it take Mexico's real GDP per person to reach the level that the United States was at..
Regarding utility maximization, what is meant by the application of the "Equimarginal Rule" and it's relevance to the marginal principle?
the simple interest for buying a passenger transit rail is shown as the product of the principle amount p time in years
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