Suppose you are the chairman of the Central Bank in Gilead. The current inflation rate is 15%. Gilead has a real income growth rate of 3%. The world real interest rate is constant and 6%. a. [5 points] What is the growth rate of money supply in this economy? b. [5 points] As the Central Bank, you want to achieve a target inflation rate of 8% within a year by adopting a money supply target. What money supply growth rate will allow you to achieve your target inflation rate? c. [5 points] Suppose instead you want to adopt an interest rate policy to achieve the target inflation rate of 8%. What target nominal interest rate will allow you accomplish your inflation target?

Use this image to answer the following question. when the economy is operating at point b, the us congress is most likely to follow

In december of 2004, the company you own entered into a 20-year contract with a grain supplier for daily deliveries of grain to its hot dog bun manufacturing facility. the contract called for "10,000 pounds of grain" to be delivered to the facility at the price of $100,000 per day. until february 2017, the supplier provided processed grain which could easily be used in your manufacturing process. however, no longer wanting to absorb the cost of having the grain processed, the supplier began delivering whole grain. the supplier is arguing that the contract does not specify the type of grain that would be supplied and that it has not breached the contract. your company is arguing that the supplier has an onsite processing plant and processed grain was implicit to the terms of the contract. over the remaining term of the contract, reshipping and having the grain processed would cost your company approximately $10,000,000, opposed to a cost of around $1,000,000 to the supplier. after speaking with in-house counsel, it was estimated that litigation would cost the company several million dollars and last for years. weighing the costs of litigation, along with possible ambiguity in the contract, what are three options you could take to resolve the dispute? which would be the best option for your business and why?

(a) what do you think will happen if the price of non-gm crops continues to rise? why? (b) what will happen if the price of non-gm food drops? why?