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Describe the effect on GDP, unemployment, and inflation of each of the following: (a) war, (b) elimination of environmental regulations, and (c) cuts in welfare benefits.
Assuming fuel is one of the main inputs for many sectors. When a war breaks out in Country X, which is the main producer for fuel in the world, it causes fuel supply disruptions in the world.
A researcher applies a random forest model to a very large set of genetic data to estimate the risk of getting throat cancer.
Present-value question: (a) Consider a 1-year bond yielding $1100 at maturity. Calculate the present value of the bond if the interest rate is 1, 10 and 20 percent. What relationship do you observe between the present value/asset price and the intere..
The following shows the demands and marginal revenue in two markets, 1 and 2, for a price discriminating firm along with total marginal revenue, MRT, and marginal cost MC. Compare the demand conditions in each market; i.e. how do the two markets diff..
Stocks and bonds-and checking accounts are all stores of value, but only checking accounts commonly function as mediums of exchange. and checking accounts are all stores of value and commonly function as mediums of exchange.
According to your text, which of these is a major challenge that for-profit pharmaceutical corporations face in the future? A big problem a large portion of nursing home staff face is: The pharmaceutical industry is a complex system, with biomedical ..
Write a 3-page or so (approx. 750 word) personal review of the documentary: Niall Ferguson Civilization: The West and the Rest 2011 BBC series.
In 10 years from now, you want your investment to be able to be worth $50,000. To the nearest dollar, how much must you invest now in an account that will earn 10% compounded annually?
What is market power? Define market power, name a few sources of market power, and explain why market power is always a source of market inefficiency.
Take some time to think about the ways in which your learning in this class relates to the real world. Has the knowledge you gained been valuable in helping you understand or evaluate events or policies? Are there any current events in the news that ..
The behavioral economist Robert Frank speaks of the bounded nature of rationality in his 2008 interview (Challenge 2008) and discusses the axiom of the independence of irrelevant alternatives in rational choice theory.
Discuss the meaning of the term principle-agent problem. Why does this problem exist?
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