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A market maker faces the following demand and supply for widgets. Eleven buyers are willing to buy at the following prices: $15, $14, $13, $12, $11, $10, $9, $8, $7, $6, $5. Eleven sellers are also willing to sell at the same prices. What is the equilibrium price in the market without the market maker.
Why has the global capital market grown so rapidly in recent years? Will this trend continue? Why or why not? What constraints can organized labor impose on the strategic choices of an international business? How can that business limit these constra..
Briefly discuss the current poverty numbers in the U.S. What can we expect welfare policy to look like in the future? Need references with statistics; Please no copy and paste and please no plagiarism.
If we assume that the required reserve ratio is 10%, please provide a detailed write-up of what actions could (should) the bank manager take if there is an unexpected deposit outflow of $50 million?
After World War II most Western countries moved away from free markets and constructed ‘mixed economies’ combining nationalization, state planning, and Keynesian demand management. Why were policymakers so keen to abandon markets and adopt state plan..
Why US banking system is known as fractional Reserve? Why modern ban king systems are known as fractional reserve? What are the characteristics of frictional Reserve banking?
If a firm experiences diseconomies of scope, then it:
Compute percentage change of real exchange rate between US and Japan in past year. Has US Dollar become weaker or stronger in real term.
Which of the following models are not generally the best to use when generating short-term forecasts?
Explain how an economy with a shortterm equilibrium below the longterm equilibrium will adjust to bring the two into alignment. Explain how an economy with a shortterm equilibrium above the longterm equilibrium will adjust to bring the two into a..
According to economic growth theory, the level of the GDP and the rate of the real GDP growth rate have different economic implications about economic well-being of a country. If you are given the options, would you rather live in a nation with a hig..
For the following sets of goods, draw two indifference curves(IC1 and IC2 where IC2 yields a higher level of utility than IC1). Draw each graph so that the quantity of the first good is on the horizonal axis and identify utility functions for part a)..
As far as I can tell, research on the economics of poverty is very empirically driven, and this is probably appropriate. What kind of economic theory has been developed though? I'd also be interested in theory of some influence too. As an example, I ..
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