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How did the recession of 2007–2009 compare with other recessions since the Great Depression in terms of length? What effect did the recession of 2007–2013 have on government regulation? Discuss these issues with current context, 2016.
Some time ago the city of Chicago imposed a new per-worker employment tax on employers to help pay for city services. A city alderman, asserting that the city lawyers drafted the law so that it taxed employers, not workers, said ``The City of Chicago..
Cousin Vinnie is a shareholder and an employee in the family business. The directors have no intention of declaring a dividend and putting cash into the pockets of such a questionable person and causing the other shareholders to have a taxable event...
What are the economic functions that financial intermediaries perform that benefit society? In your answer, discuss the relationship of financial intermediaries and financial markets to the savings-investment process within an economy and to each oth..
Discuss the market structure faced by NMSU Bookstore (which is operated by Barnes and Noble). Based on the hypothesized market structure, what management action do you recommend to the Bookstore? Be sure that the management actions are tailored to th..
Assume that incomes of the consumers in this market increases. What would happen in this market? Explain your answer and reconstruct the graph developed in question one to show this change. 8. Assume that the number of sellers decreases in this marke..
A grocery store has estimated that each plastic bag it uses costs $0.10 to produce. This amount cannot be lowered any further. The chain hires you to figure out how to encourage customers to use fewer plastic bags. what strategy would you recommend?
One example is deciding which side of the road to drive on. It doesn't matter which side it is as long as everyone chooses the same side. Otherwise, everyone may get hurt.
What did the Federal Reserve do during the financial crisis of 2008 and 2009? How did the recent financial crisis affect the financial services industry? What are some of the major provisions of the Wall Street Reform and Consumer Protection Act?
You are purchasing a 6-year discount bond with a face value of 441. At the time of purchase it had an interest rate of 3%. Calculate the price of the bond that you are purchasing. Please express your answer in dollars to the penny.
Illustrate what happens to output and the optimal scale of a firm, and price if there is a free entry into the market.
Just prior to a professional baseball spring training session, you are asked to assess the probability that a particular baseball team will win the coming World Series. How would you go about making this assessment? In what sense is this assessment ..
Draw the intertemporal budget constraint. Be sure to label the axes, endowment point and the absolute value of the slope. Suppose that the individual’s interest income is taxed at 25% in both periods, and that interest payments are deductible at 25%...
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