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What is a budget constraint? How does a budget constraint explain consumer choices when used in conjunction with indifference curves? Explain what happens if a household looses half of their income, using a budget constraint and indifference curves in your discussion.
make the costs of compliance and non-compliance with regional trading bloc rules and regulations.
Classify each of the following as either an operating target or an intermediate target, and explain why.
Using a spreadsheet program or a calculator, solve Tracy's problem of how often to go to the ATM when the nominal interest rate on her bank account is 10%, she spends $30 each day, it costs her $0.50 each time she uses the ATM,
the amount that they can enjoy in the future Why can't people enjoy more of both How does saving relate to investment and thus to economic growth What role do banks and other financial institutions play in aiding the growth process
Illustrate what is the biggest economic concern for Argentina, like unemployment or population.
Dividends $1.12 and the multiple is 15 show mathematically. Explain how long Gina has to hold the stock to justify its multiple.
In 2009 output for the country of OZ was 14,300 tons of potatoes and the total labor force 1,150 workers. the growth rate of average labor productivity between 2008 and 2009.
Suppose that Steve and Jill, a married couple, have decided to allocate $2,500 per year to their "dinner out" budget which will be used to eat at two types of restaurants: i) high-end, fancy restaurants and ii) typical national chain (and less exp..
Define the Economics terms, national accounting identity, Hodrick Prescott filter and what it does, Cobb Douglas production function
Assume that the plant managers base their decisions on a five-year capital budgeting cycle (i.e., time is t = 0, 1, 2, ..., 5, where t = 0 is now), and that changes in regulations mean that the company has to buy the scrubber within a 5-year grade..
What does the Fisher Effect say about the relationship between the nominal interest rate (e.g., the federal funds rate) and the inflation rate?
The entire satisfaction consumer gets from consuming a good or service is________ utility, but the extra or additional satisfaction that a consumer gets from a good or service is ________ utility.
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