Question: The supply and demand functions for natural gas from 1950 to 2007 are followings. Qs= 0,02 + 0,7Pg + 0,045Po + 0,06I Qd= 148,82 -1,8 Pg + 0,069Po + 0,05I Where Pg is the price of natural gas, Po is the price of ...
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Question: The LEI, consumer expectations, and ISM (then NAPM) surveys all predicted a much more robust recovery in 1991-2 than actually happened. What factors intervened to keep real growth at an unusually low rate early ...
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Question: Consider a monopoly with a horizontal marginal cost schedule. If a tax t is imposed on the monopolist, show that: (a) Price increases by exactly half the tax if the monopolist faces a linear demand curve p = a ...
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Question: Explain why government budget deficits crowd out private investment spending in a closed economy, but crowd out net exports in a small open economy. Assume prices are flexible and that factors of production are ...
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Question: If the nominal annual interest rate is 12% compounded monthly, what is the effective annual interest rate? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow th ...
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Question: Watch the following video clip, CPI: A surprise jump in inflation to a 2-year-high appears to have reduced the chances of further official interest rate cuts in Australia and answer the following questions. 1. ...
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Quesiton: Suppose there are two individuals and two goods. The initial endowments are ?1 = (1, 0) and ?2 = (1, 1). Preferences are given by u1(x, y) = x + y and u2(x, y) = y (a) Prove that in equilibrium-if it ever exist ...
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Question: Why would the Fed choose to keep the funds rate away from equilibrium for extended periods of time? In view of the performance of the economy after this occurred, explain why you would or would not expect the F ...
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Question: The current interest rate on one year's Indian rupee deposit is 5% and yen deposit is 12%. The current yen/rupee exchange rate is 2 and after a year, it is expected to exceed 2.4. In this case, what currency wo ...
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Question: Please write a 5 paragraph essay about this! Fixed cost versus variable cost use a key study that illustrate your understanding of the concepts. Most importantly what happens to fixed cost as output increases? ...
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