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By appealing to the concept of social indifference curves, explain clearly how the program of maximizing society's welfare subject to its PPF is solved analytically under autarky? How is this also solved under trade in the Ricardian model?
Suppose you bought a 2-year, 2%-coupon-rate, $100-face-value Treasury note at a market price of $98. The yield to maturity on this note is _____%? Please show all work.
Assume that candle wax is traded in a perfectly competitive market in which the demand curve captures buyer’s full willingness to pay while the supply curve reflects all production costs. Maximum willingness to pay exceeds minimum acceptable price:
Compare the rationale of the Reagan administration for the 1981 tax reductions with the rationale behind the Kennedy-Johnson tax cut of 1964
If we had efficiency in the duopoly, what would the market quantity and price be? How does this compare to your answer?
What is the present value of Stephany’s endowment? What is the future value of her endowment? With blue ink, show the combinations of consumption this year and consumption next year that she can afford in a graph.
What empirical method generally is used to measure the degree to which products substitute for each other?
During the process of properly conducting a pat down of a man for weapons, an officer felt an object, which might have been a rock of crack cocaine. The officer was not positive of the identity of the object she felt.
What is the rationale for government to regulate the activities to businesses? How is our economic and social existence shaped by government regulations?
assume an economy lasts for 2 periods. in period 1 only 1 agent is born this agent lives for 2 periods. in period 2 two
discus how your MBTI results fit with your personal strategic plan which ones are true / false of personality? find your preferred ethics and explain the theory behind the approach? Now we are going to evaluate how our personal ethics approach as mea..
Consider the market for coffee beans. Suppose that the prices of all other caffeinated beverages go up 30 percent while at the same time a new fertilizer boosts production at coffee plantations dramatically. Can you tell what will happen to the equil..
Which industry is more highly concentrated: one with a Herfindahl index of 1,200 or one with a four-firm concentration ratio of 55 percent?
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