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According to Banerjee and Duflo, poor people make decisions differently than do those who are not poor. In their view, this is the fundamental obstacle to economic development in poor countries. Do you agree or disagree? Explain your answer.
Suppose that a firm has "pricing power" and can segregate its market into two distinct groups based on differences in elasticities of demand.
If this is true, explain why does not just one state produce all of the orange juice for the U.S. market.
determine either the demand for student employees by the restaurant would increase, decrease, or remain unchanged.
Management and a labor union are bargaining over how much of a $50 surplus to give to the union. The $50 is divisible up to one cent. The players have one-shot to reach an agreement.
Wagner Industries preferred stock has a par value of $50 and a stated dividend rate of 6.0%. This means that Wagner will pay $3.00 (6% x $50) in dividends per share, per year forever. There will never be an increase or decrease in the dividend. Suppo..
Would a typical hedger be willing to pay a risk premium in order to hedge by buying foreign currency forward.
If expected inflation is constant and the nominal interest rate increased 5 percentage points, what would happen to the real interest rate?
q1. the sales tax rate applied to all purchases within a state was 0.04 4 percent throughout 2006 however increased to
Mr. Smith has saved $1800 each year for 20 years. A year after the saving period ended, Mr. Smith withdrew $7500 each year for a period of 5 years. In the sixth and seventh years, he only withdrew $5000 per year. In the eighth year, he decided to wit..
What is the average inflation rate. Explain how would inflation be different if real income growth were higher.
Which leads to higher interest rates, which leads to higher output? Which leads to higher inflation? Which represents a more hawkish Fed? Which represents a more dovish Fed?
What is the impact of the shrinking world on whether small to medium sized businesses should engage in international trade.
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