This book describes all what you want to know about monetary policy. You will learn why such policy is undertaken, how it is carried out and by whom. The book will also explain in detail all the monetary policy tools used, how they work, and what the final outcomes are. By reading the book Everyt READ MORE »
- Responses: 68
- eBooks: 1
- PhD, Southern Illinois University, Carbodale, 1993
- MS, Southern Illinois University, Carbondale, 1990
- BS, Southern Illinois University, Carbondale, 1986
Two important policy goals of the government and the Fed are to keep unemployment and inflation low, while at the same time making sure that GDP is increasing at an average of 3% per year. It is important to have the right mix of policies and that all the variables be timed perfectly.
Part 1: As READ MORE »
The market demand at the beginning is D1, and its corresponding marginal revenue is MR1. The initial ATC is ATC1, and the original supply is MC1.
Therefore, the monopolist sells _____ units at $ _____ per unit, and his/her total profit is approximately $____________.
After a given time period, due READ MORE »
Evaluate how the following situations will affect the demand curve for ipods.
A. Income statistics show that income of 18-25 year old have increased by 10% over the last year.
B. Efforts of music artists wanting greater protection of their music result in more stringent enforcement of copyrights a READ MORE »
You are an assistant to a senator who chairs an ad hoc committee on reforming taxes on telecommunication services. Based on your research, AT&T has spent over $15 million on related paperwork and compliance costs. Moreover, depending on the locale, telecom taxes can amount to as much as 25 percent o READ MORE »
The demand function for Newton's Donuts has been estimated as follows:
Qx = -14 - 54Px + 45Py + 0.62Ax
where Qx represents thousands of donuts; Px is the price per donut; Py is the average price per donut of other brands of donuts; and Ax represents thousands of dollars spent on advertising READ MORE »