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Firms often engage in corporate social responsibility. Discuss three reasons why a firm might elect to engage in such behavior. Under what conditions would corporate social responsibility generate increases in social welfare?
Suppose that you are on a desert island and possess exactly 20 coconuts. Your neighbour, Friday, is a fisherman, and is willing to trade 2 fish for every coconut that you are willing to give him. Another neighbor, Kwame, is also a fisherman, and he i..
Suppose when you are 21 years old, you deposited $1000 into a bank account that pays annual compound interest, and you do not withdraw from the account until your retirement at the age 65, 44 years later. How much more will be in your account if the ..
How does a cut in interest rates that increases investment affect the quantity of real GDP demanded, the aggregate demand curve, real GDP, and the price level?
If the Fed wants to leave the US money supply unchanged by the foreign exchange market intervention, how will they conduct a sterilized intervention?
q1. a fenway park home of the boston red sox seating is limited to 39.000. hence the number of tickets issued is fixed
Contrast the role of fixed costs and variable costs in economic decisions about future production and pricing.
lean burgers drive through receives 20 customers in every ten minutes of business time between 1200 - 100 pm during
Discuss a variety of different derivative instruments relating to foreign exchange. What is the underlying function of these different instruments? Can the same goal be achieved using different derivative instruments? How? Consider the term disinterm..
The unemployment rate is, along with GDP and inflation, one of the major economic variables used to assess the health of the economy. However, many critics point to shortcomings in the calculation and overall interpretation of the unemployment rate. ..
Danny “Dimes” Donahue is a neighborhood’s 9-year-old entrepreneur. His most recent venture is selling homemade brownies that he bakes himself. At a price of $2.25 each, he sells 100. At a price of $1.75 each, he sells 300. If demand had the same elas..
If the government provides every citizen a hula-hoop then it follows that in economic terms:
Consider the game of the battle of sexes. How would you modify the payoffs to (F,O) and (O,F) to reflect the following: Namely, the husband is unhappiest when he is at the opera by himself, he is a little happier when he is with his wife at the opera..
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