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Describe the social and economic repercussion of the following inventions: the typewriter, the jet airplane, television, penicillin. Which do you think is greater in each case - the social or the economic impact?
How does a bank examiner use a UBPR (uniform bank performance report) to understand a bank's historical trends and their future prospects?
Suppose that capital's and labor's shares at .3 and .7. What would the effect be of increasing the pool of labor by 10 percent? If the increasing labor is due to population growth, will the resulting increasing have an effect on people’s welfare?
Mr. Carloan is paying off a car loan by paying $400 at the end of each month. The nominal interest rate is 12% per year. How much interest is paid in each of the following? Last payment. Fourth from the last payment
calculate the change in welfare compared to the free market outcome (i.e., in the absence of minimum wages). Is this a welfare gain or a loss?
Analyze these indicators and prepare a 3-4 page report explaining the expected short impact on firms.
Which he can trade at the going prices. He has no other source of income. Illustrate what is Nick's gross demand for x.
Assume there was a new $100,000 deposit into a checking account at a bank. What would be the resulting excess reserves created by that deposit if banks faced a reserve requirement of: a. 10 percent? b. 20 percent? c. 25 percent? d. 50 percent?
Using the results obtained in part (b) and part (c), derive the monopolist's short-run profit-maximizing level of output.(e) Determine the price charged by the profit-maximizing monopolist and the amount of profit earned.
You are advising a software firm on developing appropriate disclosure policies. You spend some time analyzing the past data that the firm has made available to you and come up with the following numbers for a typical software product.
q1. explain how it is possible for one of two people in a two-good economy to have an absolute advantage in producing
what is the marginal cost for Apples-R-Us? show that Apple-R-Us marginal cost curve intersects average costs at average costs minimum?
If the two firms each maximise profits independently, explain how much output would each firm produce. Explain how much quasi-rents would each factory earn.
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