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Discuss the merits of the following statement: Inside directors should constitute the majority of a corporate board, because insiders have superior understanding of the firm's business operations. What evidence can you cite in support or in opposition to this assertion?
Imagine you were to commit yourself to eating only food that was raised within 150 miles from your home (which is how everyone ate for most of human history, and is how most people in the world still eat). What would your diet be like in July? In Jan..
Why might regulatory agencies utilize labor more intensively than private firms? What will happen to the regulatory share of employment if the rate of growth of regulatory employment stays five times higher than overall employment growth?
Despite recent positive economic news for the US economy, some Federal Reserve officials are still worried about inflation being too low or even the threat of deflation. Why might an inflation rate that is too low be harmful to the US economy? Why mi..
What is the relationship between rate-of-return and bubbles. Is it correct to say that in Chinese housing market, because the rate of return is increasing, bubbles will naturally arise and growing? Can you explain it, why?
Bailey, Inc., is considering buying a new gang punch that would allow them to produce circuit boards more efficiently. The punch has a first cost of $100,000 and a useful life of 15 years. At the end of its useful life, the punch has no salvage value..
Computers, DVDs, and Pizzas. The table below shows the prices and output of the three goods for the years 2014, 2015, and 2016.
find the expected frequencies if the die is fair. calculate the chi-squared statistics. find the 5% critical value
q.consider the application of the demand-revealing process to land assembly that we discussed in class. we defined d as
If two countries reach equilibrium in their domestic markets at the same price, what can be said about their export supply and import demand curves and about the international trade equilibrium?
In your answer consider international financial flows (eg current account balances) and the variables that drive them such as trade, exchange rates and interest
Does a NBA team that is trying to maximize wins behave the same as a team trying to maximize profits? Why/Why not?
What was the mercantilism way of thinking? How did they believe a nation became wealthy? what is this true? Why? Who is the known as the "founder of modern trade"? why? What did he see the Adam Smith failed to see? What is the difference between an a..
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