Start Discovering Solved Questions and Your Course Assignments
TextBooks Included
Active Tutors
Asked Questions
Answered Questions
Use the total differential to find the approximate change in the demand for sugar with a $5 increase in the price of sugar if, initially y= 2000 ,Ps= 15, andPc=20.
Find the partial derivate of both unemployment and inflation with respective to monetary and fiscal policies and interpret the result?
What is the partial derivative of the logarithm of earnings with respect to experience? What is the percentage impact on earnings due to a one year increase in experience if S = 20 and X = 5?
Do you think that banks would hold any reserves (especially vault cash) even if the Fed didn't require them to do so? Explain.
Golfing greens fees around the country have gone from an average of $20 to $30. If the cross price elasticity of golf club sales and greens fees is negative .5, how much will golf club sales fall th
What is the primary goal of monetary policy and what are the three primary tools available to the Federal Reserve to meet this goal?
Explain what you would do and why. Make clear your assumptions, for example, about life expectancy, inflation, interest rates, and risk and your rate of discount.
Draw and properly label a new supply curve for Internet advertisements (S2) and a new demand curve for advertisements (D2). Explain your graphs as they relate to the student's analysis. Is the student
Assume that the economy is hit only by IS shocks.Under the central bank's interest-rate rule, how will the money supply behave?
Is the LM curve flatter or steeper when the reserve-deposit ratio depends on the real interest rate than when the reserve-deposit ratio is fixed? Explain your answer in economic terms.
The money supply is $6 000 000, currency held by the public is $2 000 000, and the reserve-deposit ratio is 0.25. Find deposits, bank reserves, the monetary base, and the money multiplier.
Use the IS-LM model to determine the effects of each of the following on the general equilibrium values of the real wage, employment, output, the real interest rate,consumption, investment.
Suppose that T = G = 450 and that M = 9000. Find an equation describing the IS curve. (Hint: Set desired national saving and desired investment equal, and solve for the relationship between r and Y, g
In the 2-period model of consumption, suppose Y1 = 200 and Y2 = 200. What would the budget constraint look like if the interest rate is 10% (draw the diagram and label the maximum amounts of C1 and
Explain what the results of such a move are for the graham cracker market. In other words, will there be a SHORTAGE, a SURPLUS, or neither created? Why?
In a fractional-reserve banking system, a bank: a. does not accept deposits. b. does not make loans. c. keeps only a fraction of its deposits in reserve. d. None of the above is correct.
Starting two years from now. Assume throughout this problem that everyone believes that taxes will indeed rise two years from now. Why would the simple Keynesian consumption function predict that th
Assume throughout this problem that everyone believes that taxes will indeed rise two years from now. Why would the simple Keynesian consumption function predict that this strategy would work?
If your uncle is maximizing his profit, what is the value of the marginal product of the last worker he hired? What is that worker's marginal product?
What happens to the quantity sold as more competitors are added to the industry? The price? What happens to consumer surplus and deadweight loss?
Evaluate the budgeting, performance measurement, and incentive systems used at Kooistra Autogroep. What changes would you recommend, if any?
What are the three kinds of growth? Give an example of each. Which kind of growth is China experiencing today? What factors did Max Weber stress were the keys to growth in Northern Europe?
What happens to the consumption of c and h if the individual's income increases to 10. Is health a normal or inferior good, or neither? What about c?
Oil prices increased by 90% during the first half of 2008 just when the U.S. recession was taking hold - in other words the economy was on a decline. How did this affect the market for air travel?
Assuming population growth rates remain unaffected, how much longer will it take Country B to double its per capita GDP level compared to Country A?