Question: Topic: The Annual Budget Deficit in the US Describe the change that must occur for it to come about. Also identify the major barriers or resistance to change and how you would propose to overcome them. Finally, ...
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Question: Which entities in the Federal Reserve System control the discount rate? Reserve requirements? Open market operation? In what ways can the regional Federal Reserve Banks influence the conduct of monetary policy? ...
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Question: In September 1999, Senator Edward Kennedy released a report saying the minimum wage should be raised to $15.28 per hour. The reason for such a big increase, according to Kennedy, was that no one should have to ...
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Question: Define what is generally meant by the term law. Then give an example of a federal law by naming it and say which branch of government wrote the law. The response must be typed, single spaced, must be in times n ...
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Question: A country's economy is described in Table 2. Using information in Table 2, answer questions (2.1), (2.2), (2.3) and (2.4) Phillips curve p -p-1=-0.55x( U-Un) Natural rate of unemployment uN = 5% Previous year's ...
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Question: A group of 10 people have the following annual incomes: $55,000, $30,000, $15,000, $20,000, $35,000, $80,000, $40,000, $45,000, $30,000, $50,000. Calculate the share of total income received by each quintile of ...
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Question: The LST Company has contracted to make the following payments: $8500 immediately; $850 at the end of year 1; $1050 at the end of year 2; $1250 at the end of year 3 and $1450 at the end of year 4. What fixed amo ...
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Question: Suppose that the marginal utility of apples is 5A, where A is the number of apples consumed, i.e. MUA = 5A, and MU = 3B is the marginal utility of bananas. Find the marginal rate of substitution of apples B for ...
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Question: Social Security and Compound interests Interest rate is 4% per year. Would you accept a proposal to pay $10,000 for one year and will be paid back $15,000 in the following year? 1. Will you accept the proposal ...
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Question: The American Baker's Association reports that annual sales of bakery goods last year rose 15 percent, driven by a 50 percent increase in the demand for bran muffins. Most of the increase was attributed to a rep ...
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