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Based on Romer 1986 model and Euler Equation, why the growth rate of consumption in this model depends positively on the interest rate?
Use the information below to calculate the Consumer Price Index and the inflation rate. The base year is 1975.
If the price elasticity of demand for a product is equal to 4, a 1 percent increase in price of the product will cause the quantity demanded to _____ by _____ percent.
Shawn Bates was working to establish a business enterprise with four of his wealthy friends. Each of the five individuals would receive a 20 percent ownership interest in the company. A primary goal of establishing the enterprise was to minimize the ..
Find an article about a current event that discusses a change in the supply or demand of a product. For example, has there been a weather event that has affected certain food crops or the availability of energy? Has a new consumer product been introd..
Why do more than 45 million Americans not have Health Insurance? Argue whether or not you feel that Health Insurance today should be either Public or Insurance driven? Discuss with two other students your reasoning.
The scores of all applicants taking an aptitude test required by a law school follow a normal distribution with mean 420 and standard deviation 100. What is the probability that a randomly selected applicant will achieve a score of more than 450? Wha..
Are you for or against free trade? Are you for or against NAFTA? What is the economic basis for trade? Explain the underlying facts that support free trade and give an example of a good that you purchased recently that is based on resource difference..
Assume that a one year bond that has no interest coupon payment with a maturity value (face value) of $1,000 sold for $900. Show the interest rate that this bond will pay when it matures. If the prices of similar bonds are selling next month for $950..
Traffic manager of Monarch Electric Company has just received a rate reduction offer from a trucking company for shipment of fractional horse power motors to company's field warehouse. Should company implement new rate.
Identify the four factors articulated by a federal judge in 2009 for determining whether a government agency as sufficient “control” over a document to render it an “agency record” for purposes of the federal Freedom of Information Act.
Managerial economics and should include other criteria such as social responsibility and ethics. Remember to cite your authority and be careful not to plaigerize.
Ghose and Han? (2014) found that the elasticity of demand for Google Play apps is negative −3.7. This elasticity applies to a small college town where approximately? 1,000 apps per month are sold. If price rises by 22?%, what would be the effect on q..
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