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The question is: An economist said, "Since the consumer is sovereign, and consumption is the end purpose of all production, therefore the economy is consumer driven, and do what we can to stimulate consumption. Production will then follow." Are there any flaws in this economist's logic? Which should government promote first-consumption or production? Or neither?
In each year for the next 5 years, the costs are expected to increase by $75 per year, so that in the last year (year 6), the maintenance cost
What is the history behind the fight against deforestation? Who spoke out against it? What role did the population of Brazil play in changing Paragomias
Suppose Country A is a small country (which cannot influence the world price). In free trade, Country C can export the product
Find the WACC for a firm that is what you think is a risky industry and the WACC for a firm that is in what you think is a less risky industry. Compare them and comment on the possible reasons for the similarity or difference.
During the mortgage crisis the destabilizing effects of defaulting mortgages quickly spread throughout the financial system because those mortgages were involved in widespread securitization. What is securitization?
Consider a simultaneous game between two players (Player 1 and Player 2). Each player has the option to play either Up or Down, and their payoffs are represented by the table. Is this a constant sum game?
Two firms, A and B, have complete control of the supply of mineral water and both have zero costs. The market (inverse) demand function is given by: P = 200 – 10Q, where Q = qA (output of seller A) + qB (output of seller B). Assume each firm can sele..
q.tax cut under fixed as well as flexible exchange rates1 what is the impact of a tax cut in an economy operating under
Why would legislators most likely ask interest groups to help shape public policy?
A 30-year mortgage for $95,000 is issued at a 9% nominal interest rate. (a) What is the monthly payment?
Suppose the income elasticity of demand for toys is +2.0. This means that: If the income elasticity of demand for margarine is -5.00, this means that:
Describe the process in the money market (demand and supply of/for money) by which the interest rate reaches its equilibrium value if it starts above equilibrium. (Principles of Macroeconomics)
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