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  1. M

    help on stats prob

    "Within three months, Colgate grabbed the number one market share for toothpaste. Ten months later, 21% of all U.S. households had purchased Total (a product of Colgate) for the first time. During this same period, 43% of those who initially tried Total purchased it again. Colgate Total had been...
  2. M

    how are these possible

    help! how are these possible: (.4 + .1) / (.4 + .2) = 2 1/3 and 140/1 = .5Y - 10(.1) = 282 they are two seperate problems. thanks!
  3. M

    maths

    help! equation is: 4800 - Y = 4 [ 9000/P - .5Y ] . answer is: Y = 1600 + 12000/P . please show me the steps for getting the answer. thanks!
  4. M

    maths

    help! equation is: 4800 - Y = 4 [ 9000/P - .5Y ] . answer is: Y = 1600 + 12000/P . please show me the steps for getting the answer. thanks!
  5. M

    stats regression

    Help! Let us suppose that besed on the data from 50 major cities and environmental economist estimated a wage regression as follows: WAGE = 103.7 - 1.2X1 - 2.1X2 + 3.6X3 + 2.3X3 R2 = 0.55 Where: WAGE is the annual wage measured in $1000. X1 is an index of recreational...
  6. M

    Money

    help: Consider an economy with a constant nominal money supply, a aconstant level of real output Y = 100, and a onstant real interest rate r = .10. Suppose that the income elasticity of money demand is .5 and the interest elasticity of money demand is -0.1. a) By what percentage does the...
  7. M

    Money

    help: Consider an economy with a constant nominal money supply, a aconstant level of real output Y = 100, and a onstant real interest rate r = .10. Suppose that the income elasticity of money demand is .5 and the interest elasticity of money demand is -0.1. a) By what percentage does the...
  8. M

    Money

    help: Consider an economy with a constant nominal money supply, a aconstant level of real output Y = 100, and a onstant real interest rate r = .10. Suppose that the income elasticity of money demand is .5 and the interest elasticity of money demand is -0.1. a) By what percentage does the...
  9. M

    income elasticity of money

    help, stuck on this problem: The income elasticity of money demand is 2/3 and the interest elasticity of money demand is -0.1. Real income is expected to grow by 4.5% over the next year, and the real interest rate is expected to remain constant over the next year. The rate of inflation has...
  10. M

    real demand for money

    help, stuck on this problem: Assume that the quantity theory of money holds and that velocity is constant at 5. Output is fixed at its full-employment value of 10,000, and the price level is 2. a) Determine the real demand for money and the nominal demand for money. b) In this same...
  11. M

    asset, money, prices

    help: Mr. Midas has a wealth of $100,000 that he invests entirely in money ( a checking account) and government bonds. Mr. Midas intructs his broker to invest $ 50,000 in bonds, plus $5,000 more in bonds for every percentage point that the interest rate on bonds exceeds the interest rate on...
  12. M

    algebraic formula

    help: Mr. Midas has a wealth of $100,000 that he invests entirely in money ( a checking account) and government bonds. Mr. Midas intructs his broker to invest $ 50,000 in bonds, plus $5,000 more in bonds for every percentage point that the interest rate on bonds exceeds the interest rate on...
  13. M

    algebraic formula

    help: Mr. Midas has a wealth of $100,000 that he invests entirely in money ( a checking account) and government bonds. Mr. Midas intructs his broker to invest $ 50,000 in bonds, plus $5,000 more in bonds for every percentage point that the interest rate on bonds exceeds the interest rate on...
  14. M

    desired future capital stock

    help: expected future marginal product of capital is MPKf = 20 -0.02K, where K is the future capital stock. depreciation is .2 or d =.2 current capital stock is 900 or Kt = 900 taxes is .5 or t = .5 consumption function is C = 100 + .5Y - 200r or Cd = C = 100 + .5Y - 200r...
  15. M

    desired future capital stock

    help: expected future marginal product of capital is MPKf = 20 -0.02K, where K is the future capital stock. depreciation is .2 or d =.2 current capital stock is 900 or Kt = 900 taxes is .5 or t = .5 consumption function is C = 100 + .5Y - 200r or Cd = C = 100 + .5Y - 200r...
  16. M

    Mpb Msc Mec

    Help: Airport noise is a big problem in a neighborhood area. The local realtors are worried about the decline in the home value associated with with airport noise. The realtors form a strong group to negotiate with the airport authority. The current property rights are in favor of the...
  17. M

    Real GDP

    i'm stuck on this problem: Two economies, Hare and Tortoise, each start with a real GDP per person of $5000 in 1950. Real GDP per person grows 3% per year in Hare and 1% per year in Tortoise. In the year 2000, what will be the real GDP per person in each country? :confused:
  18. M

    econ exercise

    need help on this problem: Over the past 20 years an economy's total output has grown from 1000 to 1300, its capital stock has risen from 2500 to 3250, and its labor force has increased from 500 to 575. All measurements are in real terms. Calculate the contributions to economic growth of...
  19. M

    econ probs

    I'm stuck on this problem: A consumer is making saving plans for this year and next. She knows that her real income after taxes will be $50,000 in both years. Any part of her income saved this year will earn a real interest rate of 10% between this year and next year. Currently, the consumer...
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