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The US government has been actively involved in providing flood insurance to people along rivers and coasts at risk from floods and hurricanes, along with efforts to reduce potential damage and discourage building in the highest risk areas. Why do you think the private sector failed to meet this need? Do you see any drawbacks to government intervention in this area?
In the early 1980s, Brazil and South Korea had similar saving rates ( around 17%) and similar levels of income per capita ( around $6,000 in 1996 dollars). In the 1980-2000 periods, the average Brazilian saving rate stayed around 17%, whereas the ..
The Kinked demand curve in an oligoolistic market is represented by the following: P = 100- Q and P = 120-2*Q The oligopoly firms have constant marginal costs at MC = 40 What is the profit maximizing price and level of output
Why Do Law Firms Pay More for Janitors and Secretaries?
What is meant by comparative statics?
Assume that the country is in a period of high unemployment, interest rates are at almost zero, inflation is about 2% per year, and GDP growth is less than 2% per year. Suggest how fiscal and monetary policy can move those numbers to an acceptable..
Consider a seller who values a car at $9,500 and a buyer who values the same care at $10,000. What total surplus will result from a transaction between the two when the seller is faced with the follow sales tax rates: 0%, 2%, 4%, 6%, and 8%
Be sure to provide support for your answer, including at least one example of how the principle is currently reflected in U.S. society.
a. What is the real value of output (Q) Now assume that the Fed increases the money supply by 10 percent and velocity remains unchanged. b. If the price level remains constant, by how much will real output increase c. If, instead, real output is fixe..
a loan of $100,000 is being cleared in 120 equal end of time period payments. the interest % corresponding to one time period i=10%. a) what is the payment value of A.what is the balance immediately after the 40th payment is made.
Suppose in the banking system as a whole, demand deposits are equal to $80,000,000 and reserves are equal to $17,000,000 with a legal reserve ratio of 10%. If the Fed doubles the required ratio, by how much will the money-creating potential
From your research, identify one area for further study that you feel has a strong impact on consumers and investors in the market.
If you have taken a statistics class, use EXCEL or a statistical program in order to run the following regression:
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