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Charles Calomiris, an economist at Columbia University, said the following about the initiatives of the Treasury and the Fed during the financial crisis of 2007-2009: "It has been a really head-spinning range of unprecedented and bold actions. ... That is exactly as it should be. But I'm not saying that it's without some cost and without some risk."
1) What was unprecedented about the Treasury and the Fed's actions? What risks did these actions involve?
2) Do you think that the Fed's actions should be "head-spinning" (i.e. suprising), or do you think they should be predictable? Explain.
Grow Fertilizers Company purchases a gravity settling tank of the $30,000 purchase price. The company finances 30% of the investment with a loan to be repaid with eight equal semiannual payments at an annual interest rate of 12% compounded semian..
analyze the major barriers for entry and exit into the airline industry. explain how each barrier can foster either
Illustrate with a diagram and explain the long-run perfectly competitive equilibrium for the firm and explain and illustrate using a diagram why a monopolist would never produce in the inelastic range of the demand curve.
the demand for a product can change due to many factors. Distinguish between a chang in demand and change in quantity demand. What are the determiniants of demand What are the determinants of suppy
1.nbsp as a consequence of the problem of scarcitythere is never enough of anything. individuals have to make choices
As the flexible farmer approaches the marketplace, the farmer substitutes non-land inputs for land. As a result, the land-rent function of the flexible farmer is steeper than the land-rent function of the inflexible farmer.
Your firm sells a very popular children's game. As the manager, you have received information that another firm is thinking about introducing a similar game. You have the following facts:
IT would place more of a burden on the producers in the short run as frictional unemployment would result, but it would also take a heavy burden off the consumers purchasing the rice. would the frictional unemployment cause the net welfare to decre..
describe how a firms microenvironment can determine how profitable it will be?provide examples of organizations as well
suppose that gunk is a pollution by-product of manufacturing computer processors. environmental activists propose
What is a budget constraint How does a budget constraint explain consumer choices when used in conjunction with indifference curves Explain what happens if a household looses half of their income, using a budget constraint
a. How many different possible dial combinations are there for this lock b. What is the probability that if you randomly select a posi- tion on each dial, you will be able to open the bank vault c. Explain why "dial combinations" are not mathematical..
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