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What do Travis Hirschi and Michael Gottfredson say are the causes of white-collar crime?
Describe the short-run impact of the adverse supply shock on prices and output in each country. Compare the long-run impact of the adverse supply shock on prices and output in each country.
Suppose the money supply is currently $400, all in the hands of individuals, and apples cost $1 apiece. How many apples can those individuals buy with the money in their pockets? (This is an incredibly easy question.) Suppose the Federal Reserve prin..
Illustrate what factors do you use to determine whether to invest in the additional capital and labor.
What is a indenture? What is a debenture? What happens if a company is to call outstanding bonds?
Fixed costs of production in the short run: Marginal cost can be defined as the: Which of the following is true under conditions of pure competition?
1) What is the economizing problem? 2) What is subjective valuation?
Crowding out is an important topic.
(a) Develop a choice table for interest rates from 0% to 50%. (b) George's interest rate on his credit card is 20%. What should he do?
What is liquidity? Why is money the most liquid of all assets? Explain how the fed increases the money supply when it buys bonds in the open market? What are the three reasons that people want to hold money balances? What kinds of employment are asso..
Looking for some guidance on estimating supply and demand curves. An sample practice problem lists:
Suppose the consumption expenditure is C = $100 billion + 0.9*Y. Investment (I) is $100 billion, government spending (G) is $50 billion and exports (X) are $100 billion. Imports depend on the level of income as follows: M = 0.1*Y. Calculate the equil..
Discuss tax systems and political philosophies associated with income inequalities. List and describe the relationship between the two tax principles and three tax systems discussed in this course. Include comments regarding the effects of tax on soc..
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