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Draw the economy's supply and demand for loanable funds. How does this policy affect the supply and demand for loanable funds? What happens to the equilibrium interest rate?
Identify at least one important Entrepreneur that you would consider an "Entrepreneurial Legend" and state why you consider the person to be (or have been) exemplary.
When businesses in the Macro Islands increased investment by $20 million to attract tourists, aggregate demand increased by $50 million. What is the MPC in the Macro Islands?
Given the initial conditions, find expression for consumption function and provide a completely labeled diagram. Please show all work.
Explain the variables you would include in the function. What is the expected relation between a change in each of these variables and short-run total variable costs?
The Ottawa Citizen cost $0.10 in 1970 and $0.50 in 1990. The average wage in manufacturing was $3.01 per hour in 1970 and $14.19 in 1990. By what percentage did the price of a newspaper rise?
Calculate the bank's excess reserves. Suppose that the bank sells $5 million in securities to get new cash. Draw up the bank's balance sheet after this transaction. What are the bank's excess reserv
Using short-run cost theory, explain the impact of this additional patient on the SAVC and SATC. Do they increase or decrease? Why?
The following table shows a tool and die company's quarterly sales for the current year. What sales would you predict for the first quarter of next year?
Explain how the economy can adjust in the long run to restore full-employment equilibrium. Draw a graph to illustrate this adjustment process.
Use supply and demand diagrams to show how each of these claims is consistent with a fall in the quantity of drugs consumed.
Calvin Coolidge once said that "inflation is repudiation". What might he have meant by this? Do you agree? Why or why not? Does it matter whether the inflation is expected or unexpected?
Calculate the percent change in the MM as well as the percent change in the MB during this period. Then calculate the percent change in the money supply during this same five year period.
Calculate the money multiplier for Dec 2006, one year prior to the Great Recession. Please show all work.What is the percent change in the money multiplier in this five year period?
Plot the behavior of per capita GDP on earth and mars over time. what is the effect of starting out with more knowledge?
Check out the housing market in your home town. What regulations exist that control the market interaction of landlords and renters? What goals are the regulations intended to achieve?
Suppose Bill's doctor tells him to further reduce his carbohydrate intake to 126 grams per day. What combination will he consume?
What is the estimated number of cans of tennis balls demanded? At the values of P, M, and PR given, what are the estimated values of the price (E), income (EM), and cross- price elasticities (EXR) o
For each option, calculate the profit-maximizing price and quantity. Which, if any, of these compensation schemes would alter the deadweight loss from monopoly? explain.
Explain why there is a natural employment deficit. Compute the amount of the natural employment deficit in terms of both billions of dollars and as a percent of natural real GDP.
You want to predict the resale value (as a percentage of the original price of the vehicle) as a function of the vehicle's age. Find an equation to do this.
Statistical analysis indicates that a=0.8 and b=0.3. The firm's owner claims the plant has increasing returns to scale. Does output per unit of labor depend only on a and b? Why or why not?
Describe the business and explain the general pattern of change of the particular market model indicating how this change is likely to impact business operations.
Discuss the statistical significance of the parameter estimates b, c, and d using the p-values. Given the signs of c and d, please comment on the good category of tennis ball and its relationship wi
(a) When can the NPV and the IRR methods of evaluating investment projects provide contradictory results? (b) How can this arise? (c) Which method should then be used?