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I was watching a documentary about a scientist fishing for giant stingray in Thailand. They ran into a fisherman on the river late at night. The fisherman said he was fishing for giant river shrimp (the things were the size of lobsters). The scientist then asked the fisherman if he was fishing to eat or to sell. The fisherman laughed and said he could not afford to eat the shrimp. How can I relate this to economics and far to explain the fisherman's statement that he "could not afford" to eat the shrimp he caught?
What is Gross Private Domestic Investment? What is net investment? What are the government purchases? What is Net Export? What is Net Domestic Product?
How does the adverse selection problem arise in the credit-card market? How do credit-card companies reduce the adverse selection problem that they face? To what complaint does this give rise?
What sense is the marketplace cruelly capricious - One of the important things.is to counter the notion that big corporations are faceless machines
Illustrate what Monetary Approach Tools should the Federal Reserve utilize to fight inflation. Describe them thoroughly.
q1. assume a small nation has following statistics its consumption expenditure is 15 million investment is 2 million
q. answer the following question using the keynesian model of a closed economy. suppose the federal government would
Why would equilibrium cost of SUVs such as Ford Explorers and Chevy Trailblazers be lower than equilibrium cost of subcompacts.
q. desired consumption is 100 0.8y - 500r - 0.5g and desired investment is 100 - 500r. real money demand is p y -
What does the Taylor rule imply that policymakers should do to the fed funds rate under the following scenarios?
Describe return to an investment in a college education. How would you go about measuring it. How would you decide it is good enough to warrant investment.
Graph Mary's marginal cost curve using the orange line and her marginal revenue curve using the blue line
Suppose that a golf club is designing a two-part tariff pricing mechanism in order toincrease profits. Suppose there are two types of golfers, mad-golfers and normal-golfers
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