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When oil prices increased 10 fold dring the 1973 -80 energy crisis, many oil companies made huge profits. During this energy crisis, Congress considered imposing an "excess profit" tax onoil ompanies. If you were in Congress would you vote for such a tax? Do unexpected monopolistic profits serve any useful function in a market economy? (Hint: Could additional oil revenue be used to explore and develop new fields?
The no-trade equilibrium in Foreign. How do the relative no trade prices of computers compare in Home and Foreign.
Illustrate difference between economies of urbanization and economies of localization. Give examples of each.
Aside from retail sales and marketing, identify and discuss two ways that a business could reduce costs or increase profits by using the Internet or Web applications.
Calculate the expected annualized compound rate of return over the five years for each bond. Which bond offers the higher expected compound rate of return?
Find the equilibrium price and quantity algebraically. If tourists decide they do not really like T-shirts that much, which of the following might be the new demand curve.
Assume that in addition to policy action described above, Fed decides to sell a massive amount of Treasury bonds from open market. Elucidate in detail effect of this policy action on size of money supply.
Discuss what will happen in this market as it moves to a new equilibrium. If a hard breeze eliminates Brazil's premium coffee corp, what will happen to the price of premium coffee.
Illustrate what does a contraction Gap imply about the actual rate of unemployment relative to the natural rate
If the reserve requirement is changed to 5 percent, Explain how much can First Bank lend and by Explain how much can the money supply be expanded.
If the economy falls into a recession, the stock's return is projected at a negative 11.6 percent. The probability of a normal economy is 80 percent while the probability of a recession is 20 percent. Illustrate what is the variance of the returns..
Consider a consumer with $10 to spend on these 2 goods where the price of apples is always $2 every.
Suppose that a new law requires every firm to provide its workers with free parking spaces. These spaces are worth $200 per year to workers, but cost firms $500 per year to provide
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