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At the moment, the market is completely ignoring things like record US trade deficits and the widening current account deficit. It is also largely ignoring the possibility of Federal Reserve rate cuts. Traders and investors are instead focusing only on the fiscal and monetary easing in Japan and monetary easing in Germany.
a. In what way is fiscal easing in Japan relevant here?
b. In what way is monetary easing in Germany relevant here?
Assume that a profit maximizing monopolist faces an inverse demand function give by p(.), where p'(y),0, and a total cost function given by c(y), where c'(y)>0. Suppose the government wishes to combat the undesirable allocational effects of a mono..
you cats summer kitty-cottage needs a new roof. you are considering the following two proposals and feel a 15-year
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two firms a and b have complete control of the supply of mineral water and both have zero costs. their best reply
Suppose also that her utility function is given by the equation u(M, P) = 2M + P. What combination of meat and potatoes should she buy to maximize her utility? (Hint: Meat and potatoes are perfect substitutes.)
a pet store is considering adding an employee discount of 25 off anything in the store to the benefits the employees
1. Bill Gates argue that world poverty as we know it can be ended by 2020. What myths has the work of his foundation debunked and can what he has learned work here at home?
other things constant if the cost of labor goes down the profits of firms willa. increase and short-run aggregate
Write the equation for Total Costs and what is TC when profit is maximized - what is Total Revenue when profit is maximized?
What is the government expenditure on this subsidy?What is the deadweight loss as a result of this subsidy?
At what level of L does the average product reach its maximum and does the total product curve have a region of increasing marginal returns?
Distinguish between adverse selection and moral hazard. What are a bank's major sources and uses of funds?
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