Find an expression for inflation, p˙(t), for t ≥ 0.

In relation to the reformulated Bonsoy soy milk product sold in the period from 2004-2009, explain the basis of any liability in the tort of negligence prior to the settlement that any manufacturer or distributor of Bonsoy might have had to its Australian consumers. Leave aside the question of the amount of damages, but in your answer refer to common law legal principles and (where relevant) to any relevant civil liability statute provisions that would apply in your State. (15 marks)
July 30, 2019
explain what section within the NASW code of ethics requires advocacy of social workers.
July 30, 2019

Consider a continuous-time version of the Mankiw–Reis model. Opportunities to review pricing policies follow a Poisson process with arrival rate α > 0. Thus the probability that a price path set at time t is still being followed at time t+i is e−αi . The other assumptions of the model are the same as before. (a) Show that the expression analogous to (7.81) is a(i) (b) Consider the experiment of a permanent fall in the growth rate of aggregate demand discussed in Section 7.7. That is, until t = 0, all firms expect m(t) = gt (where g > 0); thereafter, they expect m(t) = 0. (i) Find the expression analogous to (7.83). (ii) Find an expression for inflation, p˙(t), for t ≥ 0. Is inflation ever negative during the transition to the new steady state? (iii) Suppose φ= 1. When does output reach its lowest level? When does inflation reach its lowest level?


 

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Find an expression for inflation, p˙(t), for t ≥ 0. was first posted on July 30, 2019 at 8:43 pm.
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