1Problem Set 5 Complete all questions listed below. Clearly label your answers. 1. What impact will an unanticipated increase in the money supply have on the real interest rate‚ real output‚ and employment in the short run? How will expansionary monetary policy affect these factors in the long run? Explain. “In the short run‚ shifts in monetary policy exert an impact on real output and employment. A shift to a more restrictive policy will tend to reduce real output and employment‚ while
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Problem Set 2 Complete all questions listed below. Clearly label your answers 1. What impact would a change that shifts an economy’s production possibilities curve outward have on the long run aggregate supply curve? How have improvements in computer technology affected production possibilities and the long run aggregate supply curve? Explain Answer: Growth of population and the labor-force participation rate Capital accumulation Improvements in technology 2
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Problem Set 4 Complete all questions listed below. Clearly label your answers. 1. What determines whether a financial asset is included in the M1 money supply? Why are interest-earning checkable deposits included in M1‚ whereas interest-earning savings accounts and Treasury bills are not? If the financial asset can be turned into real money fast. Intrest earning checkable deposits are included because they can be converted quickly into paper money. Intrest earning savings accounts and treasury
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Department of Economics University of California‚ Berkeley Fall 2012 Econ 182 Solutions Problem Set 8 Problem 1. Exchange Rates and International Transmission a. Suppose that the US engages in a monetary expansion. Since exchange rate is pegged to the US dollar‚ country X’s monetary authorities are forced to expand their money supply as well (recall that i = i* under FixER). Interest rates fall in country X‚ output expands‚ and of course the exchange rate remains unchanged. On the AA-DD diagram
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Problem Set 1 Complete all questions listed below. Clearly label your answers. 1. The receipts and year of release of the five movies with the largest nominal box office revenues‚ along with the CPI data of each year are presented below. Assuming that the receipts for each of the movies were derived during their year of release‚ convert the receipts for each to real dollars for the year 2010 (2010 CPI 230.1). Put the movies in order from largest to smallest real box office receipts and show
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ECN171 Economy of East Asia Problem Set 1 The data for this problem set is posted on SmartSite in the Resources folder. It was downloaded from the Penn World Tables version 7.1‚ which is publicly available at https://pwt.sas.upenn.edu/php_site/pwt_index.php . 1. Graph the GDP [per capita] of the East Asian countries in PS1_data.xls on one graph. Which East Asian country is the largest [richest] in 1960? In 2010? When did the switch occur? 2. Calculate the growth rates (log difference‚ using natural
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PROBLEM SET 4 Name: ______________________________________________ Problem Set 4 is to be completed by 11:59 p.m. (ET) on Friday of Module/Week 8. 1. Movies are distributed in a variety of forms‚ not just first run theatrical presentations. What other ways are movies distributed? What are the different price points? Using this information‚ draw a fully labeled graph of the market for movies in which the distributor of the film price discriminates. (NOTE: This should not be perfect price
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Problem Set 3 for Group 3 ZHAO XUAN 13103465D CHAN YUET CHING 13087084D ZHOU YONG MEI 13102452D Question 1 Exporting used batteries to Mexico Lead US High standard Mexico Weak law and control $0.05 per pound $0.42 per pound Business ethics the accepted principles of right or wrong gov erning the conduct of individuals engaged in business activities 1 (a) Are US companies that export used batteries to Mexico and follow local regulations in their acting in a socially and ethically
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GMB 713 PROBLEM SET NO. 2 PROBLEM SOLVING: Solve the following problems. Show all pertinent solutions. 1. A car battery dealer is trying to determine which of the brands of car battery he is selling has a longer life span. He conducted an investigation by interview his customers and was able to get the following results: Brand X Brand Y Mean life span 4.5 years 4.9 years Standard deviation
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PROBLEM SET # 1 Instructions: 1) Open book‚ open notes limited to only class materials. 2) Unlimited time. 3) This must be reflective of your individual effort. GMU Honor Code applies. 4) The Problem Set #1 (only the question solutions portion) is due at the end of the day on September 24th. 5) Show all work‚ as partial credit will be given for each question’s answer. Organize your work so it is easy to follow. You can use word‚ power point‚ excel or combinations
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