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1. Describe seven functions of Federal Reserve System and point out which one is playing the most important role.?
2. What are the advantages and disadvantages of biofuels in terms of addressing the challenge of sustainable development? Explain fully?
3. Why might penetration pricing potentially hurt brank image and product positioning in the long run?
4. Discuss how the U.S. Government used fiscal policy to solve the economic crisis during the Great Recession of 2007-2009.
Explain why it must be true that if a consumer's preferences satisfy the property of diminishing marginal utility for both goods (normal goods and inferior goods) that consumer's indifference curves for those goods will also be convex.
determine if the firm is operating in the short run or the long run. old york & company, a women's retailer, is not under a wage contract with its employees, but it is currently in a one year lease at its mall location.
Shift the supply or demand for loanable funds functions to reflect the impact of the shock. Indicate whether the real interest rate and the quantity of loanable funds Rises or Falls. Households become concerned about social security and decide to sav..
Given current employment, the marginal product of the last worker in Mexico is 100, and the marginal product of the last worker in the U.S. is 500.
What is the difference between GDP & GNP?
You have been hired as a Financial Advisor to review Charles and Susan’s retirement goals and propose recommendations on how to optimize their savings. Write recommendations based on the answers for 1-7 or propose a new plan on how the Smiths can rea..
Where Qd denoted the quantity of reserves demanded, as function of the federal funds rate if f ; and Qs denotes the quantity of reserves supplied. Draw a graph displaying both supply and demand, and identify the equilibrium point. Using the specific ..
An asset is purchased for $745,000 today. It will have a $76,000 salvage value after 5 years of use. Using the straight-line (SLN) method, calculate the depreciation charge for year 2 and the book value at the end of year 2.
What roles did President George W. Bush, Alan Greenspan, and the Securities and Exchange Commission have in the Enron scandal?
Stigler argued that the variation in fees increases as buyer information decreases. Suppose you observe that each seller in a market is charging the identical price. What potentially conflicting inferences can you draw?
Good-faith bargaining generally refers to the duty of the parties to meet and negotiate at reasonable times with willingness to reach agreement on matters within the scope of representation; however, neither party is required to make a concession or ..
Suppose that a consumer wants to maximize his happiness as expressed by utility function u(c1, c2). Her income is M and the prices of goods 1 and 2 are p1 and p2, respectively. The consumer faces non-negativity constraints.
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