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Consider an individual whose utility function is U = X0.5Y0.5. If the individual consumes 1 unit of X and 4 units of Y, then she will experience some level of utility. If the individual instead consumes 2 units of Y, how much of good X must she consume in order to attain the level of utility associated with 1 unit of X and 4 units of Y?
What is the discount rate in the banking system? Explain how the Fed manipulates this rate to achieve macroeconomic objectives.
Among his many endorsement contracts professional golfer Tiger Wood endorses Buick automobiles. Buick reportedly recently extended his contract for another 5 years at $40 million. If Buick makes $4,000 profit per car they must expect to sell at least..
Back in the 1950's a piece of gum was 5 cents and today it is $1. Inflation has occured so that does that mean that people can afford to have less gum? Do they have less purchasing power? Explain please.
Illustrate what is the total cost of finding a new plot of grass and getting y units of grass from it.
The future of cities in the united states and in other countries will be determine by their abilities to benefit from the _____________ and to minimize or counterbalance the __________________.
Choose one leading health indicator and write a 1–2 page paper in which you outline an implementation program you might develop as a health care administrator, on a local level, to address the indicator at all levels of the socioecologic model. In yo..
Illustrate what do you think would occur when there is little or no competition is a marketplace
Van Doren Housing expects to have sales this year of $18 million under its current credit policy. The present terms are net 30; the days sales outstanding (DSO) is 48 days; and the bad debt loss percentage is 4 percent. What would be the incremental ..
You just purchase a coupon bond with a face value of $1000, 6% coupons, and three years remaining to maturity. Assume that all markets are 7% A) what is the duration of this bond B) Compute the exact price change(using the present value formula) if i..
A pure monopolist determines that at the current level of output the marginal cost of production is $2, average variable costs are $2.75, and average total costs are $2.95. The marginal revenue is $2.75. What would you recommend that the monopolist..
Stacy lives and banks in Texas. The reserve requirement is 20%. If Stacy sells government bonds to the Federal Reserve for $1,000,000, will the money supply likely rise, fall, or not change?
In recent years, Bolivia, Russia, and Turkey have had much higher nominal interest rates than Canada, while Japan has had lower nominal interest rates. What would you predict is true about money growth in these other countries? Why?
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