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From Urban Economics
1. Discuss some of the critical urban economic issues of today
2. Discuss some of the economic rationales behind business location and the system of cities in New York, their benefits and pitfalls.
If the U.S. were to impose import quotas
Assume 200 videotapes are rented when the price is $4. If the price drops by $.80, the number of videotapes rented increases to 220. Which of the following statements about the non-arc price elasticity of demand is true.
If a stock's expected return plots on or above the SML, then the stock's return is (A)_________ to compensate the investor for risk. If a stock's expected return plots below the SML, the stock's return is -_(B)_______to compensate the investor for ri..
Use an IS-LM diagram to illustrate Krugman's contention that fiscal policy is more effective as a macroeconomic policy tool when compared to monetary policy, given that the economy is in a liquidity trap.
What do you believe makes us human?
Why would a firm in a perfectly competitive market always choose to set its price equal to the current market price? If a firm set its price below the current market price, what effect would this have on the market? Discuss.
Max Corporation has $10,000 in retained earnings that it has not distributed to its stockholders as dividends. It has a choice to invest the funds in a certificate of deposit at a bank at a guaranteed rate of 7 percent, or to plow back the funds in t..
When all of the available factors of production are being efficiently used,
According to statistics provided by the Federal Reserve, total reserves of commercial banks currently equal $1.63 trillion. Required reserves are $130 billion, so excess reserves total approximately $1.50 trillion. Would the existing reserves be suff..
Illustrate what do the results tell you about the relative size of the income also substitution effects for leisure for Jake.
Reducing corporate tax rates is often considered as a policy tool to enhance investment. How could the presence of tax loopholes diminish the relationship between corporate tax rates and corporate investment?
Consider the market for cars in a small country. Suppose the demand and supply curves for cars have been estimated and are given by. Suppose the prevailing price is the (free-trade) world price pF T = 4.5. At this price, what is the quantity demanded..
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