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Jack went one Friday night to Brad's Pub, where a glass of beer costs $2.00 and a shot of whisky costs $2.00, and he drank 6 glasses of beer and 4 shots of whisky. The next Friday night, he went to Mickey's Bar where a glass of beer costs $1.00 and a shot of whisky costs $3.00, and he drank 2 glasses of beer and 6 shots of whisky. Assuming Jack's preferences over beer and whisky did not change, was his behaviour consistent with those of a rational consumer model?
Draw the two budget constraints and explain your answer.
Assume if the inflation rate is 5percent is this still acceptable. Provide quantitative justification for your answer.
What is the simple deposit multiplier, what is the amount of required reserves that the bank is holding and how much excess reserves does the bank have?
If a local movie theater sells tickets at different prices (senior citizens versus young people, matinee versus evening prices) is the local movie theater a monopoly What about the concession stand inside the theater
What is the four-firm concentration ratio in this industry Show all calculations and explain what a concentration ratio.b) What is the Herfindahl index for this industry Show all calculations and explain what a Herfindahl index .c) Suppose..
Assuming that the merger faces some threats and that the industry decides on self-expansion as an alternative strategy, describe the additional complexities that would arise under this new scenario of expansion via capital projects.
Using your knowledge of access controls and Public Key Infrastructures (PKI), align and apply a solution for handling PKI and key management for a large enterprise with many remote users and workers.
Federal government employs a budget plan over several fiscal years that results in significant increases in the national debt, with no relief or plans to deal with the problem.
Bada Bing, Limited. supplies standard 256 MB RAM chips to the US computer and electronics industry. Like output of its competitors, Bada Bings Chips must meet strict size, shape, and speed specifications.
What is the size of the deposits multiplier? How much will total deposits have expanded after the multiplier has worked through? How much will total credit have expanded?
Choose a current event that addresses one of the following economic concepts: a. Aggregate demand and supplyb. Keynesian Economicsc. Fiscal Macroeconomic Policy
For few months, prior to your vacation trip to France, you find that the exchange rate for your U.S. dollar has increased relative to the Euro. If you were a U.S. citizen or resident, are you pleased.
Explain why this policy is significant, Identify which public policy classification this specific issues should be assigned and Finally, apply the three stages for this public policy.
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