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Q1. Do you think that frustrates groups like the ASPCA who believe the WTO is undermining their effort to make some US laws more stringent than those elsewhere in the world?
Q2. Find the subgame perfect equilibria of the variant of the game in which the post-entry competition is a game in which each firm chooses a price, rather than an output.
Q3. Consider the following utility function:U(X, Y) = max{X, 3Y}a) Draw the indifferent curve for this utility function.b) Find the Marshallian demand functions for X and Y and the corresponding indirect utility function.
Their banks are holding back credit so it is harder for businesses to invest and for consumers to spend
Sets out the aggregate demand and aggregate supply schedules in Japan. Potential GDP is 600 trillion yen. What is the short-run macroeconomic equilibrium.
Clarke's workers are highly skilled artisans with a great deal of job mobility. What impact would the wage increase have upon the firm's employment.
Budget line showing the various combinations of scores on the two exams that she can achieve with a total of 400 minutes of studying.
Explain how the short-run Phillips curve, the long-run Phillips curve, the short-run aggregate supply curve, the long-run aggregate supply curve, and the natural rate hypothesis are all related.
Explain what occurs when a new technology makes another one obsolete in terms of economic profit?
What is the social optimum quantity and price. Calculate the total surplus in the market equilibrium, at the social optimum and with the tax.
Discuss the policies that Keynes as well as Hayek supported regarding how federal government ought to manage economy. What are differences between each school of thought.
Analyze the USA financial meltdown that happened in 2008-2009. This crisis was partially caused by the reward systems that were in place for participants in the financial system. Identify the major participants in the financial system.
The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.
Why all the balance of payments accounts be in surplus. What factors determine the demand for British pounds in foreign exchange markets.
If most businesses in an industry are earning a 13 percent rate of return on their assets, but your firm is earning 23 percent what is your rate of economic profit
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