QUESTION 1


QUESTION

QUESTION


1 QUESTION 1

Category: General
Words: 825
Amount: $25
Writer: 1

Paper instructions

QUESTION 1 The rate of economic growth per capita in France from 1996 to 2000 was 1.9% per year, while in Korea over the same period it was 4.2%. Per capita real GDP was $28,900 in France in 2003, and $12,700 in Korea. Assume the growth rates for each country remain the same. Compute the doubling time for France's per capita real GDP. Compute the doubling time for Korea's per capita real GDP. What will France's per capita real GDP be in 2045? What will Korea's per capita real GDP be in 2045? QUESTION 2 Assume that the banking system is loaned up and that any open-market purchase by the Fed directly increases reserves in the banks. If the required reserve ratio is 0.2, by how much could the money supply expand if the Fed purchased $2 billion worth of bonds? QUESTION 3 Please explain in three well-structured paragraphs the basic arguments stated by the Real-Business-Cycle (RBC) Theory, regarding economic fluctuations. (MUST GIVE APA-REFERENCE OF SOURCE). WONT ACCEPT SHORT PARAGRAPH

Answer

Get Essay Answer
1,200,000+ Questions
Satisfaction guaranteed
Homework Question 1 Craig's Car Detailing Service had the following accounts and account balances in the adjusted trial balance columns of its...
If a least squares estimate produced a regression equation of y hat = -8 - 24x. This tells us that a one unit increase in x is associated with a...
CHECK ALL THAT APPLY. If X increases and Y decreases, then Question 10 options: a) X and Y will have a positive covariance. b) X and Y will have a...
Question 1: When 0.2250 g of magnesium is heated with 0.5331 g of nitrogen in a closed container, the magnesium iscompletely converted to 0.3114 g of...