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Choose an historical period when a nation experienced relatively high inflation and another historical period when a nation experienced a relatively high level of deflation. These may be the same or different nations. Compare the costs which these nations faced of having to deal with these two phenomena.
Bob and Ray are two economics majors who are sharing an apartment for the year. In a flea market they spot a 25 year old sofa that would look great in their living room. Bob's utility function for money and sofas is uB(S,MB)=(1+S)MB and Ray's utility..
Define the three types of agency authority. List and discuss the provisions of the Family Medical Leave Act. What technology company recently adopted very generous provisions for medical leave for pregnancy?
Assume that the Bank of Ecoville has the following balance sheet and the Fed has a 10% reserve requirement in place: Now assume that the Fed lowers the reserve requirement to 8%. What is the maximum amount of new loans that this bank can make? Assume..
The discount rate for the stock is 15% and the rate of return on reinvested earnings is also 15%
During an episode of hyperinflation, people tend to do which of the following?
The minimum efficient scale for running a food truck is 50 orders per day. If students typically place 1000 orders at local food trucks, how many food trucks would you expect to see on campus? If a food truck was only selling 30 orders per day, would..
Biff owns and operates a golf driving range on land that he also owns. Last year his accountant calculated that his driving range makes $50,000 profits per year. Last year a property management company offered to lease Biff’s land from him for $80,00..
part a1. economics is the study of the principles governing the allocation of scarce means among competing ends when
What are the economic considerations that exist when a company has to be set up?
If the central bank does not intervene in the foreign exchange markets (the RA balance is zero), briefly explain why CA + KA = FA.
What is meant by culture of compliance. Is the concept applied consistently? In which countries or contexts does this arise? Is it likely to continue to be a factor in regulatory or ethical decisions? What can one do within an organization to foster ..
What happens to market price and quantity if demand rises but supply falls? Draw them with labels. Qd rises from 40 to 60 if P falls from 12 to 8. PED? Show the formula first and then all calculations. Qs falls from 24 to 16 if P falls from 18 to 12...
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