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Do you think in legal matters and health matters and so forth people should be economically valued differently? or should there be one standard amount each person is worth/
According to Banerjee and Duflo, poor people make decisions differently than do those who are not poor. In their view, this is the fundamental obstacle to economic development in poor countries. Do you agree or disagree? Explain your answer.
Think of ways in which the Government is actively involved with the purpose of changing the economy. Why does the Government use these tools of fiscal policy? What are the hoped for results? Do you agree the Government should be involved? Why or why ..
He sold the house in 2006 for $225,0000. Which statements is correct regarding the sale of the house.
Suppose the average driving distance for the 2011 Masters Golf Tournament was 282.5 yards with a standard deviation of 12.2 yards. A random sample of 30 drives was selected from a total of 4,144 drives that were hit during this tournament. What is th..
Assume that the following data describe the condition of the banking system: By how much could the banks increase their lending activity?
A bond with 20 years remaining has a face value of $1000 and a coupon rate of 15%. Assume that the bond payments are annual and the coupon was just paid.(a) What is the yearly coupon payment?(b) What is the price of the bond if it has a 6% yield to m..
A firm is considering whether the following project should be undertaken if its life is 10 years and it has no salvage value. The firm uses an interest rate of 10% to evaluate engineering projects. The Net Revenue below is dollars per year for the li..
Assume the market for cough syrup is in equilibrium. Now, suppose the government imposes a price ceiling that is above the original equilibrium price. Illustrate what are the economic effects of the price ceiling?
Consider an agricultural subsidy provided by the US government. Consider also that milk is one of the products subsidized. If there is NO trade with the rest of the world, the domestic price of milk in the US would be $2.25 per gallon and the equilib..
Use the midpoint method to compute your price elastcityof demand as the price of compact discs increases. Compute your income elasticity of demand as your income increases.
part a1. russian farmers again have a poor crop. their government has announced that they will not ban exports. this
Toby is indifferent between the bundles (9, 3) and (5, 5). When Toby is at (9, 3), he would be willing to give up one unit of y if he were to receive two units of x. If Toby is at (5, 5), he would be willing to give up four units of x if he were to r..
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