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Discuss one supply and one demand side factor that determines the number of children a couple chooses to have. Based on your answer what type of programs do you think will be successful in controlling population growth.
As a general rule, an increase in the capital available to a society. A market system (market economy) depends on the market to
The wage in the U.S. is $20. Given current employment, the marginal product of the last worker in Mexico is 100, and the marginal product of the last worker in the U.S. is 500.
There are two possible states of the world next year. If you keep your job, your income is equal to your labor market earnings E plus your non-labor income Y. Consider a graph with “keep job payoff” on the horizontal axis, and “lose job payoff” on th..
Are you surprised by the variety and range of issues addressed by the World Bank - projects that meet basic needs such as fresh water and programs to provide Internet services? What are your thoughts on this variety?
Suppose the Fed conducts an open market sale by selling $10 million in Treasury bonds to Acme Bank. Sketch out the balance sheet changes that will occur as Acme restores its required reserves (10% of deposits) by reducing its loans. The initial balan..
Suppose GDP is $22 trillion, government spending is $6 trillion, public saving is $1 trillion, and private saving is $3 trillion. Assuming this economy is closed, calculate consumption, taxes, national saving, and investment.
Use supply and demand curves to analyze increase/decrease for the following scenarios? i) shift ii) movement iii) equilibrium price iv) equilibrium quantity. Coffee prices soar due to a shortage of coffee beans. Market: Donuts. Prices for next year a..
Assume that the market price for a physician visit is $100 per visit. A person has an insurance plan that has a $1000 per year deductible. Once this deductible is met, the person’s coinsurance rate goes from C = 1 to C = .20. Let’s look at three diff..
How does price discrimination help cover fixed costs?
How important do you think the elements of style (spacing, font choice, other document design features) when it comes to drafting? Why?
A commercial bank has no excess reserves until a depositor places $5000 in cash at the bank. The commercial bank then lends $4000 to a borrower. As a consequence of these transactions the size of the money supply has
Some analysts blame the last economic crisis on Fed policy. T
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