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Draw a supply and demand graph for both the short run and long run money markets and explain the impact of an increase in the money supply on each market.
politicians are often heard saying that tuition at state universities should be kept low to make education equally
Should you raise the price of your widgets? What will be the effect on total revenue? Include elasticity, consumer and producer surplus, utility maximization, consumer equilibrium.
Consider a game of delegation. An uninformed principal must delegate some task to an informed agent with preferences imperfectly aligned. I'm aware of plenty of literature that studies these kinds of problems when there is a continuous action space, ..
Just breaks even over the year as whole. a Wouldn't the restaurant do better by staying closed out of season. At what cost will it shut down, given that all its fixed costs are sunk.
Explain how are poor infrastructure, lack of financial institutions and a sound money supply, low saving rate poor capital base.
Suppose an assistant professor of economics is earning a salary of $75,000 per year. One day she quits her job, sells $100,000 worth of bonds that had been earning 5 percent per year, and uses the funds to open a bookstore. At the end of the year, sh..
Can you tell whether this firm is in a competitive industry. If so, can you tell whether the industry is in a long-run equilibrium.
Calculate the total differential of Q. For the next three questions the answer should be a number is the other good a complementary good or a substitute good also Explain why.
Many years ago, the traditional mortgage loan structure specified:
find out that the exchange rate for your U.S. dollar has decreased relative to the euro. If you were a U.S. citizen or resident, are you pleased.
Suppose that all the necessary conditions exist for the realization of equal wage rates in every market of labor.
Find out statistics on the web from 2004 to present on the fillowing indicators of the macroeconomic conditions of U.S. economy:
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