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What discretionary fiscal and monetary policies might Keynesian economists recommend to close a recessionary gap, and thus stabilize an economy? Explain how they work.
What are the limitations of these policies? Why might they not be effective?
Business Economics, Economics
Ever wonder why a survey of the American population often has what seems like a very small sample size? 2000 people can tell us what the American population is thinking about. We have formulas to calculate an appropriate ...
Suppose Winston's loud music externalizes a cost onto his neighbor, Chloe. Suppose Winston and Chloe decide to solve this problem using the Coase theorem. If they are successful, what is a possible result of the executio ...
I. A statistics instructor wants to measure the effectiveness of his teaching skills in a class of 66 students ( N = 66). He selects students by waiting at the door to the classroom prior to his lecture and pulling asi ...
Pure gasoline has an energy density of 115,600 BTU per gallon, while ethanol has an energy density of 75,670 BTU per gallon. Gasoline cost $3.70 per gallon. What would the price of E85 (85% ethanol, 15% gasoline) have to ...
Consider a machine with exponential reliability model. Assume that the breakdown rate is 1 and the repair rate is 2. Calculate the probability that the machine is up for more than 10 units of time. Calculate the probabil ...
Suppose a country's real GDP is $18 trillion and that population is 300 million. Instructions: Enter your answers as whole numbers. a. What is this country's real GDP per capita? Suppose that during the next 10 years, r ...
Mormons have a mission requirement to be admitted into their church. On average, the probability of converting someone is .03. How many people will Mormons on their mission have to interact with to ensure there is a prob ...
A consumer advocate group selects a random sample of 20 ink cartridges and finds that the average number of printouts per ink cartridge is 460 with a standard deviation of 52. Find the 96% confidence interval for the pop ...
COWCOR COPR makes yummy cheeseburgers and fries. It has $1.6 million in debt outstanding, equity valued at $2.3 million, and pays corporate income tac at a 39% rate. Its cost f equity is 13% and its cost of debt is 5%. A ...
Q1. The market for apples is perfectly competitive. Say a typical firm has a marginal cost function of MC(q) = 2q. (1) The optimal quantity of apples to produce is 10 for the typical firm. How much revenue does the firm ...
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Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p
Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As
Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int
Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As