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Assume the value of a statistical life is $85,000,000 and that workers in more dangerous jobs are exposed to an additional 1/105 risk of death. How much more should the workers in the more dangerous jobs be paid (compared to the other workers)?
The efficient Market hypothesis
q1. illustrate what are the effects of awards paid to heirs of workers judged to have been worked to death in japan on
q1. in reading the national business news that mortgage rates improved by 50 basis points. if mortgage rates were
Explain what is meant by the principal agent problem, and relate it to shirking. What are the different pay incentive plans that correct for shirking on the job? How does profit sharing reduce shirking? What is the reason for efficiency wages?
explain the concept of diminishing marginal utility. since all goods are scarce, does diminishing marginal utility contradict the statement that individuals always want more of all foods?
What are intellectual property rights? How are they different from property rights to physical assets? Why has digitalization been hazard to intellectual property rights?
Consider the following statement, paraphrasing one lament by fans. “Fans can never catch up with the vicious cycle of sports event pricing. As fan income rises, they can finally afford the high price of sports events
Outline the First and Second Welfare Theorems and their implications for the role of government. How can we use them to analyse the trade-off (if one exists) between efficiency and equity?
A change in any of the following factors except shifts the aggregate demand curve.
Suppose a firm has an expected ROE of 10%. The firm reinvests 75% of its earnings. What is its growth rate? Assume this firm pays a current dividend of $4.25. You expected to sell the stock at the end of 3 years for $85.
Include the circumstances of the proposed monopoly and the reason the government stepped in. Predict what would have occurred had the monopoly succeeded.
Discuss the salient points of global sustainability, and determine two to three (2-3) ways in which you would achieve global sustainability if you were in a position to do so. Justify your response.
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