# All Questions

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### What negative effects would result from globally fixing currency exchange rates?

Assuming one had the power to enact such a wide-ranging change, what would the negative effects of fixing the exchange rates between all currencies at the current rates, or the mean of the last week/...
164 views

### The beta delta model

What is the $\beta$-$\delta$ model? How does it relate to present bias and the present value calculation?
80 views

### Market Power in microeconomic theory

What does the term Market Power mean in microeconomic theory
29 views

### Macroeconomics- money supply LM model [closed]

why does an increase in money supply , lower the interest rate and shift the LM curve down.?
91 views

I'm having a hard time visualizing why a strong dollar would make an imported good cheaper? If I buy an ounce of gold in the US for \$1,353.70 (todays rate) and I buy an ounce of gold in Europe, ... 1answer 71 views ### How did economics become a “science”, an academic field? How did economics become a "science", an academic field? Because I think of it as a soft science and thus in order to be considered a science it would need to be able to reply to the hard sciences? ... 1answer 51 views ### For any given non-null game, is there always a finite amount of Nash equilibria? [closed] Let's say I'm given a matrix ixj with n games, is there a finite amount of Nash equilibria for those games? 1answer 28 views ### Surveys which capture income of individuals and other details Please provide list of surveys which capture income of individuals, income determinants like education, age, work experience, field of work etc and, details about his family particularly number of ... 1answer 64 views ### Is HIV An Economic Positive In Light of Human Overpopulation? [closed] A few economists say that the human population is too high and if it continues to grow, may become too large for our planet to sustain it. While others can debate whether this is true or not, let's ... 2answers 98 views ### Is Behavioural Economics Thymological, or does any branch or scholar concern itself with Thymology? [Thymology] is what a man knows about the way in which people value different conditions, about their wishes and desires and their plans to realize these wishes and desires. It is the knowledge of ... 2answers 355 views ### How to incorporate I parameter in GRETL application for ARIMA model? [closed] How to incorporate I parameter in GRETL application for ARIMA model? Able to incorporate parameter AR and MA but not sure how to incoporate the I parameter? 1answer 225 views ### Is the Federal Reserve even necessary? [closed] A friend of mine told me that the Federal Reserve bank is the most evil thing in the world. Things like we can't print our own money and how this debt based fiat currency will destroy everything. ... 2answers 27 views ### Cobb Douglas, Budget Line, Demand function question use the general form of the Cobb Douglas utility function$U(x,y)= (x^a)(y^b)$and the budget constraint in the form$B=p_{x}X + p_{y}Y$to find the demand functions for good x and good y. Is this ... 1answer 23 views ### Production technology of$y=2x$I have a given product$y$that is produced by the input$x$in the following relation:$2x=y$. In our example, we are given the unit price of$x$is$16$. Find the unit cost of$y$. The answer is$8$.... 1answer 38 views ### The difference between a Nash equilibrium and Bayesian Nash equilibrium [closed] What is the basic difference between Nash equilibrium and Bayesian equilibrium? 4answers 42 views ### why is it always said that a CAD must be financed by borrowing from foreign countries a current account deficit (CAD) means you have money leaking out of your country and going to ROW (rest of world). i see here (https://www.imf.org/external/region/tlm/rr/pdf/fpp5.pdf) that it can be '... 1answer 24 views ### Price discrimination question For this question the answer is b which is the TR of group 2. If price is the same, my question is why isn't the demand function of group 1 considered? Why is the TR of group 1 omitted? 1answer 59 views ### How do people check or trust that central bank is not cheating? [closed] How people can be sure that somebody, cooperating with central bank (or working in it), is not creating money in digital or paper form for themself, so that nobody else notices it? 1answer 53 views ### Is truth cheap, and falsehood expensive and volatile? [closed] Question: In a scenario where data is bought and sold in a double-auction market, will the trading price and volatility of a given piece of data become inversely proportional to its accuracy over ... 1answer 19 views ### Inventory based question [closed] "If a firm produces 1000 shirts (finished products), expecting to keep an inventory of 100 shirts at the end of the year." Here Why a firm keep an inventory of 100 shirts ? What is the need of it? ... 1answer 29 views ### Minimum wage divided by cost of living? Is there some commonly known indicator that is defined as: Minimum wage divided by cost of living? I mean, I could call it that way, but perhaps people already have this indicator with a certain ... 2answers 98 views ### why isnt private sector savings defined as$S=Y-T-C-I$? why isnt private sector savings defined as$S=Y-T-C-I$? afterall, savings is the money you have left over after you net off from your income ALL of what you have paid out.$Y, T , C$And$I$are the ... 1answer 47 views ### A question about a derivation in Gali's Monetary Policy book [closed] In Chapter 3 of Gali's famous Monetary Policy book, he measures the effects of a monetary policy shock. The interest rate rule is: Then a shock$v_t > 0$occurs. He proceeds to measure how this ... 1answer 22 views ### equality between 2 operations using mean [closed] why when we do the following operation mean (10 ,20,30)= 20 is different from (mean(10,20)+30)/2=22,5 there are no equality between the 2 operations using mean ? why? thanks a lot in advance for ... 1answer 32 views ### How does “Survival of the Fittest” result in Rosetta Stone's economic success? I would briefly comment that Rosetta Stone has a terrible reputation among language lovers (see sample review about why most people can't learn like they did as a child), and some language lovers ... 2answers 389 views ### How inflationary is progressive taxation? Compared with, say minimum wage increases, how inflationary is progressive taxation? 1answer 56 views ### Question on money supply related to new crypto project Following questions are related to a crypto project I am working on and proper answers are of utmost importance to this concept's development. I unfortunately lack expert knowledge about money supply ... 1answer 229 views ### Command and control policy approach graph I'm unsure why a command and control policy approach to pollution will still have a dead weight loss? What happens with it/ or what does the government do about it if anything? 1answer 289 views ### Question on oligopoly. Consider an oligopoly between two identical firms producing a homogenous good with constant marginal cost where firms face linear market demand.$B_i(q_j)$denotes firm i’s best response given the ... 1answer 65 views ### how does the USA maintain the value of it currency in light of$800 billion trade deficits

In light of its Reserve currency status, How does the USA maintain the value of it currency in light of $\$800$billion trade deficits that have accumulated to over$\$12$ trillion as pointed out by ...
70 views

### How is infant mortality rate an indicator of living standards?

My textbook says, "Some of the best indicators of living standards are the average life expectancies and infant mortality rates already mentioned." How does babies not dying within their first year ...
201 views

### Unemployment. What is the source of income?

In USA, more than 1 in 5 persons in working age are unemployed (that includes people looking for jobs, and also the ones not looking for jobs, so is not just the officially unemployed population). ...
284 views

### price floor and price ceiling

I am studying basics of economics. I don't understand why a maximum price should be set below equilibrium price and minimum should be above. shouldn't it be the other way round?
255 views

### Setup and solve utility maximization

A consumer wants to maximize his utility function $U(X_1,X_2)=Min(X_1,X_2)$. The price of $X_1$ is 2 and the price of $X_2$ is 4 and his income is 40. Setup the utility maximization problem and solve ...
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