Somebody help me with these low level ECON questions, please. They might appear on my exam today. Will be ever so grateful and donate FG, ty.

1) Some people have argued that if or when Quebec decides to leave Canada, they should not be permitted to use the Canadian dollar as their currency. Evaluate this argument.

2) How could you conduct a test to determine whether the velocity of money was stable or not? Be specific.

3) State the cost equation used by Baumol in his The Transactions Demand for Cash: An Inventory Theoretic Approach paper and define all variables.

4) In William Baumol’s The Transactions Demand for Cash: An Inventory Theoretic Approach paper, what is the cost minimizing average money holding? Explain what influence the three important variables have on money demand.

The problem with asking questions like this is we don't know the source material your instructor is drawing these questions from. We could give you answers, that are right, but they may not be what your instructor is looking for.

Well #3 and #4 are relatively specific but for some reason I'm having issues googling them lol.

For #2, the "money" discussion has been very basic so far... definition, functions, financial instruments, the M1+ / M2++ crap, etc. It has to do with the M x V = P x Y equation.

As for #1, if it was discussed in class, I wasn't there lol.

Overall, any answer is good because otherwise I'll probably leave it blank.

This post was edited by LuLer on Oct 6 2014 07:34am

Yeah I got about 3/4 through and didn't know if it was a joke or not.

A day before your exam you're coming to us for answers?

I'm all for last minute studying but this is just retarded

Lol, these are just a few of the questions that I didn't get. Already done with the other 40+.

Not all will be on the exam, so if I don't get these 4, chances are I won't lose many marks. Thought it was a worth a try, anyway.

4 questions, 2-3 sentences each and I have 12 hours left til exam time. Not exactly up against the clock.

This post was edited by LuLer on Oct 6 2014 07:56am

http://pages.stern.nyu.edu/~wbaumol/TheTransactionsDemandForCash.pdf

http://en.wikipedia.org/wiki/BaumolTobin_model

Get reading then

#3 is NC + (Yi/2N)
C is Transaction cost
N is number of transactions
Y is income
i is interest

#4 is the derivative of #3 set equal to 0

This post was edited by dxlightning on Oct 6 2014 08:00am

it sounded like it really could be dirty in real life, that's the hard part haha

A couple of them are kinda cool

http://canyouactually.com/9-of-the-most-terrifying-two-sentence-horror-stories-ever-told/

2spooky