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Many people (economists included) blamed Alan Greenspan for the financial crisis and the Great Recession that followed. Describe two mistakes that many people believe Greenspan made. Does Professor Kelton think that a smarter central banker could have prevented the housing bubble and the subsequent crash in the U.S. economy? Who did she argue was to "blame" for the financial crisis and the recession of 2007-2009?
Describe the economic and political economy aspects of the globalization debate. Why has globalization created so much controversy.
Why study economics? This goes back to the very definition of the field. It can actually be summed up in ONE word. Once you’ve found the word, explain it, however. Use terms like resources and carefully define them.
For the same loan described under Q3, the individual decides that instead of selling the house after the 71st payment, to keep it and shorten the pay off period by increasing the montly payment by $150 each month. What is the number of months re..
Calculate the total revenue and total economic profit for this pizza shop at each level of output. Calculate the pizza shop's marginal cost and marginal revenue at each level of output.
If the equilibrium price of Frisbees is $8 the equilibrium of supply an demand is 6. a price of $2 above equilibrium price is imposed. a)what type of restriction is this (b)what is the new market price (c)How many frisbees are sold
If the customer surplus is small, does it mean that the demand will be greater for regulation or the supply will be smaller for regulation.
You are the manager of a popular shoe company. You know that the advertising elasticity of demand for your product is 0.15. How much will you have to increase advertising in order to increase demand by 10 percent?
How do you think each of the following affected the world price of oil? (Use demand and supply analysis.)
Recession general consequences from academic articles or books and recession consequences from academic articles, books or UAE related official websites such as newspapers or journals
You are the CFO of a U.S. firm whose wholly owned subsidiary in Mexico manufactures component parts for your U.S. assembly operations. The subsidiary has been financed by bank borrowings in the United States. Please apply the concepts we have conside..
a. Find the probabiity that both adults dine out more than once per week. Round to 3 places b. Find the probability that neither adult dines out more than once per week. Round to 3 places c. Find the probability that at least one of the two adults ..
Describe what you think are three of the most important risks to a corporate environment and what types of mitigation or remediation could be put in place to prevent these risks.
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