Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The next 2 questions refer to the following: A student taking economics, statistics, and finance has decided to spend 9 hours per week studying. The objective is to maximize the average grade, which means maximizing the total grade in the three courses. The table shows the student's estimate of the relation between time spent studying each course and the grade for each course. Hours of Study Economics Statistics Finance 0 50 42 56 1 62 54 68 2 71 64 76 3 79 72 82 4 85 80 87 5 88 84 90 6 90 87 93 7 92 89 95 1. How should the student allocate her time? 2. What is the maximum AVERAGE grade the student can earn if she studies 9 hours per week?
State the essential difference between the classical and Keynesian schools of thought. If you were a public policymaker and received conflicting advice from a classical and a Keynesian economist, how would you choose? Explain.
Calculating savings using the goods market equilibrium. Assume a closed economy (NX=0). Suppose net taxes are $100 billion. Government spending is $125 billion. Investment is $50 billion and consumption is $100 billion. Calculate public savings, priv..
Hillary spends all her income on milk and cookies. Graph Hillary's budget line when income = $20, Pcookies = $1 & Pmilk = $2. Pick some point in the middle as her optimal choice and draw in the appropriate indifference curve. Redraw the two budget li..
Explain why it is not possible for one agent to have a comparative advantage in all goods, a worked example with calculated values would be useful.
When the late Francois Mitterand was the president of France, he instituted a number of programs designed to appeal to his “blue-collar” constituency. He raised the income tax rate applicable to the rich and expanded the free, government-provided soc..
[Adverse Selection] A buyer wants to purchase a house from a seller. Let v be the quality of this house. The quality v is known to the seller but unobservable to the buyer. The buyer thinks that the possible values of v are $10k,$100k,$150k,$200k and..
Two companies are deciding at what point to enter a market. The market lasts for four periods and companies simultaneously decide whether to enter in period 1, 2, 3, or 4, or not enter at all. Thus, the strategy set of a company is {1,2,3,4,do not en..
Backward-looking expectations may reasonably describe actual behavior because
At quantities above the minimum-cost output
Is the current Monetary Policy expansionary or contractionary? Why? What effect doe the Federal Reserve expect this policy to have on the US economy?
Illustrate what are the advantages and disadvantages of having monetary policy in the hands of the Federal Reserve System rather than in the legislative or executive branches.
What is exclusive dealing? How might it reduce competition, and when might it be acceptable? What is predatory pricing? How might it reduce competitive, and why might it be difficult to tell when it should be illegal? If public utilities are a natura..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd