Consider the following demand function for good 'X': Upper Q equals 9 minus 0.1 p Subscript x Baseline minus p Subscript y Baseline plus 0.01 p Subscript z Baseline plus 0.001 Upper Y, where Own price, Px = $30 Price of a related good, Py = $4 Quantity demanded = 24.75 Price of a related good, Pz = $275 Consumer income, Y = $20 comma 000 The income elasticity of demand 'xi', when equilibrium quantity is 24.75 units and income is $20 comma 000, is equal to nothing (enter your response rounded to three decimal places).

Corey is trying to save money to buy a new tv. he invests $800 into an account paying 6.5% simple interest. for how long must he save if the tv costs $950? a. 2 years b. 3 years c. 4 years d. 5 years

A) plot the m1 and m2 money stock in the us from 1990-2015. (hint: you may use the data tools provided by fred.) (b) plot the nominal interest rate from 1960 to 2014. (hint: you can either use the daily interest rates for selected u. s. treasury, private money market and capital market instruments from or the effective federal funds rate fromfred.) (c) the consumer price index (cpi) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. intuitively, the cpi represents the cost of living or the average price level. plot the cpi from 1960 to 2013.(d) the inflation rate is the yearly percentage change in the average price level. in practice, we usually use the percentage change in the cpi to compute the inflation rate. plot the inflation rate from 1960 to 2013.(e) explain the difference between the ex-ante and ex-post real interest rate. use the fisher equation to compute the ex-post real interest rate. plot the nominal interest rate and the ex-post real interest rate from 1960 to 2013 in the same graph.

What is the sequence of events that could lead to trade surplus