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Why do politicians (such as Ron Paul) who distrust government prefer government-issued gold and silver coins to government-issued paper money? Do you agree or disagree? What are the pros and cons of commodity versus fiat money?
This week, we are going to talk about bubbles, specifically, are we in one now? This in't really about growth - its more about the business cycle, but I found it particularly interesting. While much of the podcast focuses on San Francisco, there are ..
en spends her afternoon at the beachood also drinks rather than expenditure an equal amount of funds to go to a picture.
In Problem 2, if there are ten such firms, then the industry marginal cost curve is MC(Q) = 3 + (8/10)Q. If this industry faces the demand curve in Problem 1, then the quantity produced is Q=35/9=3.89 at a price of P = 110/18 = 6.11. If the ten firms..
Elucidate the reason Explain why a competitive firm should stop producing immediately if the price is lower than the average variable cost.
q. a. will a progressive medical tax scheme i.e. people with higher income face a higher medicare tax rate benefit the
Assume increase in government spending. Would the effect on AD be larger if the Fed held MS constant in response or if the Fed were committed to maintaining a fixed interest rate?
Find out the optimal price-quantity if the firm is not able to price discriminate.
Explain the short run and long run profit maximizing position for a perfectly competitve firm, a monopoly, an oligopoly, and a firm with monopolistic competition. Also include the dynamics of moving form a short run to a long run equilibrium.
q.prepare a word document that addresses each of the following questions as well as submit to your instructor.some
Is limitless growth really possible? What forces do you think will be most important in slowing or halting economic growth?
Why would households be interested only in real value of consumption, income, and bonds? how households would feel if nominal values of consumption, income, and assets all doubled, and the price level P, also doubled. distinguish between household's ..
What is the role of developed countries in promoting development policies in developing countries?
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