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Evaluate from the last six months congressional actions on the economy. Find a recent news article explaining a bill, vote, action, or inaction by Congress, and explain how it's allowable under the powers granted to them in the Constitution.
What is the point price elasticity of demand for whole-life insurance? What is the point price elasticity of demand for term insurance? Evaluate the percentage change in whole-life demand given a 1% change in the price of term insurance. Is term..
If interest rates remain unchanged, what is the expected capital gains yield, stated as a percentage, over the next year for Bond A and for Bond B.
1. Why? ?does? ?the? ?marginal? ?cost? ?curve? ?intersect? ?the? ?average? ?variable? ?and? ?average? ?total? ?cost curves? ?at? ?their? ?respective? ?minimum?
Describe the Harrod-Domar growth model, and explain precisely how the model illustrates dynamic instability. Why is it often called the knife’s edge model? Another question lurks behind nearly all discussions of macroeconomic policy: Why should we be..
Which one of the following does not contribute to our huge trade deficit?
Write the numerical formula for the LM curve? What is the equilibrium level of r?
How much would the nominal interest rate be if the real rate of interest were 6 percent and the expected rate of inflation were 7 percent?
Find the value of X such that the loan is fully repaid with the last payment. b) What is the dollar amount of each of the five payments ? c) Find the value of all the intrest paid to ken ?
Why is the equality of marginal revenue and marginal cost essential for profit maximization in all market structures? Explain why price can be substituted for marginal revenue in the MR=MC rule when an industry is purely competitive
If international trade increases prices, employment, and wages among more competitive and efficient producers but has the opposite effects among less competitive and efficient producers, why should anyone listen to opponents of international trade? E..
Explain how simultaneous shifts in demand and supply curves could explain this situation: A pest attack on the tomato crop increases the cost of producing ketchup. A mild winter causes cattle herds to be unusually large, causing the price of hamburge..
Discuss the power of compound interest and why compounding makes it important for people to save and invest for retirement early in their working life rather than waiting until they are close to retirement.
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