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What is the Weber Thesis? Does the Weber Thesis receive empirical support? What methodological issues are inherent in attempting to test the Weber Thesis, or any culture-based argument?
Assuming the same financial market transaction costs and risks, will funds tend to move toward the U.S. or Japan if the U.S. interest rate is 5%, the Japanese interest rate is 2%, and there is a forward discount on the dollar of 2%? How ill this effe..
A cash flow profile starts with $2,000 and increases by $1,000 each year up to $21,000 at time 20. Then, it starts again with $21,000 at time 21 and decreases by $1,000 each year to $2,000 at year 40. Convert the cash flow profile to an equivalent gr..
If large budget deficits cause the public to think there will be higher inflation in the future, what is likely to happen to the short-run aggregate supply curve when budget deficits rise? Why? If the dollar decreases in value relative to foreign cur..
In the diagram below, assume that there are two classes of citizens, the "hawks and the "doves," with different preferences for national defense spending. Draw the social marginal benefit curve for society as a whole. Determine the theoretical optimu..
A problem with third-party financing of so much of health care is that
q.a borrower takes out a loan from a bank and can invest in a risky project that will produce revenue of 185 with
Please explain how the value is created using marketing and supply chain strategies by the dealer/retailer in this supply chain, Lowe's Companies.
Jerry wants to start his own business with $20, 000 in his bank account. Given that the market borrowing and lending rate is 10%, and his expected production function is y2 = 220 * (sqrt of Initial Investment) What is the optimal amount Jerry should ..
Does your answer in Q4 above imply a market failure problem for the insurance company and/or consumers of insurance?
Suppose that a consumer wants to maximize his happiness as expressed by utility function u(c1, c2). Her income is M and the prices of goods 1 and 2 are p1 and p2, respectively. The consumer faces non-negativity constraints.
Caitlin’s brother-in-law has a 1924 Ford Model T car that is worth $15,000, stored in a barn in Alaska. It increases in value about $500 each year as old Fords become more rare. He is willing to sell it to her today, but it will be three years before..
Budget line showing the various combinations of scores on the two exams that she can achieve with a total of 400 minutes of studying.
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