I am trying to find out more about the airline industry. I know since 9/11 and the war the airline industry has been affected by gas prices and security threats, etc. In the airline industry, there have been shifts in price elasticity of supply and demand. Is the price considered elasticity or inelastic? What is the price ela ...continues
Fully describe the method by which the Federal Reserve uses the banking system to create new money.
Concepts of real & nominal interest rates
Looking at the concepts of real and nominal interest rates. How does inflation impact the interest you pay for loans such as a mortgage, car loan, or credit card loan? How do the concepts of real and nominal affect you when you get a raise?
Monetary policy used by federal reserve
What type of monetary policy has the Federal Reserve been using for the past year (easy/expansionary, tight/contractionary, or neutral/non-involvement)? Why have they been using this policy? How have they implemented the policy (changing the "interest rate", changing the reserve ratio, or open market operations)? How has this ...continues
I am looking for 3 strengths and 3 weaknesses of the attached mock calculation of the CPI. What identifies these characteristics and if the CPI is imperfect, do we need to use it?
The Fed sells $2 million of bonds to a bank
The Fed sells $2 million of bonds to a bank, how does this reflect on reserves and the monetary supply- how does this look in T accounts?
Chile's economy vs. other Latin-American countries
I need assistance in explaining why Chile's economy is so much better than other Latin-American countries.
Energy Crisis in United States
During the energy crisis in the United States there was a vigorous public campaign to encourage consumers to conserve on their electricity use. People did reduce their demand for electricity and ended up paying higher prices. How could such a thing happen? Not familiar with this, wanted some help to formulate a good essay. ...continues
Demand for advertising is given by: Qd = 30 - 0.0002P + 26V Qd = quantity demanded P = price per minute V = number of viewers All costs are fixed and the goal is to maximize total revenue. Suppose that the number of viewers is 1 million. What price should you charge? How many minutes of advertising to sell? Wha ...continues
Envison a pricing problem between MOnsanto and Holand Sweetner in 1992 that led to the Monsanto contract. Assume: 1) Cost to Holland Sweetner of entering US market is $25 million 2) Monsanto & Holland Sweetner simultaneously choose to quote either a high or low price to Pepsi and Coke for aspartame 3) If both Monsanto ...continues
