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Discuss the convergence of European nations after 1945 and compare this phenomenon with the current trend of divergence that currently exists between Europe and the United States.
q1. suppose we use two inputs lets say capital and labor and the price of capital is pk and the price of labor is pl.
Compare and contrast Francis Edgeworth’s contributions to John Bates Clark’s contributions. Who do you feel made more significant contributions to modern economic theory?
What fraction x of your money should you invest in risky asset in order to maximize your utility. What happens if A is large.
What does the Taylor rule imply that policymakers should do to the fed funds rate under the following scenarios?
You have $1000 to invest over an investment horizon of three years. The bond market offers various options. You can buy (a) a sequence of three one year bonds (b) a three year bond or (c) a two year bond followed by a one year bond. Compute the retur..
Which is steeper when it rises and steeper when it falls
A fractional banking system is fundamentally prone to the (speculative, liquidity, bailout, or monopoly) problem because it creates more receipts for deposits than there are in reserves in the system.
While negotiating the future amount, Wylie notes that he would be willing to take no less than $5,700 if he has to wait a year. What is his TVOM in percent?
A movement downward and to the right along a demand curve is called a(n)
A consumer has preferences between two goods, hamburgers (measured by H) and milkshakes (measured by M). His preferences over the two goods are represented by the utility function U = √H + √M. For this utility function MUH = 1/(2√H) and MUM = 1/(2√M)..
Assume that the marketplace for sweaters is perfectly competitive. The future value of a deposit in a savings account will be larger
The demand for 1,000 units of a part to be used at a uniform rate throughout the year may be met by manufacturing. The part can be produced at the rate of 3 per hour in a department that works 1,880 hours per year.
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