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How do you feel this has impacted the range of choice you have in radio stations? Did government deregulation cause the creation of monopolies? Why or why not? How are natural market forces and other economic factors changing or not changing your range of choices in radio stations?
Grapple Market Share Corporation would like to know what information federal agencies have about Grapple’s operations, so that the firm will know what its competitors may be able to learn about it. Can Grapple require the agencies to disclose whateve..
Hong Kong dollar, and the one-year forward exchange rate is 9 yen per dollar. Determine whether or not there is an arbitrage opportunity and, if possible.
What additional benefits are possible for people in the private system and why? Which firms in the mutual fund industry might not be approved by the federal government and why?
In sequential games
Select a business you are familiar with. Describe its organizational structure. How are the departments organized? Explain why that organizational structure is a good fit for the business.
In the consumption savings model, suppose that we have a representative consumer and his utility is given by U(c, c') = min {c, βc'} The budget constraint for the consumer is c + s = y - t second period budget constraint is c'= y' - t' + (1 + r)s. Fi..
Given the following demand and supply curves: (a) Qd = -P+10 and (b) Qs = P. Calculate the inverse demand function (provide below) and graph the two lines. Calculate and label the Consumer Surplus and Producer Surplus in a perfectly competitive marke..
Which type of approach does the Environmental Protection Agency take toward resolving externality problems? In private equilibrium, a positive production externality will lead to __________; a negative consumption externality will lead to ___________..
Use the following macroeconomic model to answer the questions from 1 through 12: You must show your work of estimation to obtain the credits. Estimate the equilibrium GDP level (income).
Statistics Canada has recently adjusted the CPI basket of goods and services by increasing the share of shelter in total expenditure from 25.7 to 27.5 percent, and decreasing the share of recreation, education, and reading from 13 to 11.8 percent. Wh..
What is the Bretton Woods system? Why was it created and why did it collapse? How has this collapse ushered in more volatile exchange rate and frequent financial crises?
Discuss how government intervention promotes efficiency and equity in the economy. Be sure that you include restraint of trade, indirect costs, deregulation, and overregulation within your analysis.
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