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Macroeconomics essay
Write a 400 word essay to answer the following questions.
1. Describe how finance developed in Europe. What were some of the religious impediments to its development and how were they circumvented?
2. Describe how the bond market developed. What was the initial purpose of issuing bonds?
3. Describe how did a common stock was developed.
Suppose the firm decided to lease the large factory, and has put down a non-refundable deposit of 4,000 for that factory. Provide a recommendation concerning which factory firm should lease, and the number of boxes of chalk it should produce.
For the argument in favor of state subsidies, draw (by hand is OK, but make sure it's neat) a supply and demand diagram that shows the positive externality, the effect of the subsidy, the market outcome, and the socially optimal outcome.
Under the Physicians' cooperative model, if the supply price of physicians were to rise, how would this affect the equilibrium staff size in the open-staff case How would it affect the optimal staff size in the closed-staff case
Suppose the supply for optometrists is given by LS= -6 + 0.6W, while the demand curve is given by LD= 50-W. Also, assume that the government imposes a payroll tax equal to $8 for each optometrist hired by a firm. a. Find the equilibrium wage and e..
Large-denomination time deposits: $ 304 billion Currency and coin held by nonbanking public: 438 billion
the bretton woods system and institutions setup after world war iinbspthe u.s. dollar as a reserve currencymost of the
Consider the following production function for combination of capital and labor, Q=f(L,K)=L^0.4*K^0.5. Is this function homogeneous in K and L?In the long-run, does it exhibit increasing, constant, or decreasing returns to scale?
Illustrate what are the three recommendations you would make to him to improve the overall effectiveness of the economy.
What is one significant consequence of fractional reserve banking Banks are vulnerable to "panics" or "bank runs." Banks can only lend an amount equal to its deposits. Banks hold a portion of their deposits in gold. Banks can serve the withdrawals..
Why do oligopolies exit? list five or six oligopolists whose product you own or regularly purchase? what distinguishes oligopoly from monopolistic competition?
Measured as the long-term growth of potential GDP, how has economic growth in the United States changed over the decades since 1962? There was a slowdown in growth-when was it and what is it called?What is the difference between real GDP and nominal ..
What do you regard as the main weaknesses of the Ricardian or Classical model as an explanation of the trade patterns? Why do you regard them as weaknesses?
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