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Why do you believe politicians are making these items priorities (and, why now in 2014)? In economics, we are looking for incentives. What incentives does a politician, looking out for their interest (invisible hand), have to promote these bills?
"Exotic" mortgages became popular in part because they allow someone of:
Please discuss the following: "In a competitive permit market, the initial allocation of permits is not important. With market power on the part of the polluter, the initial distribution matters."
Compute the equilibrium level of income, the size of the multiplier, and the change in equilibrium income for a decrease in autonomous investment by $75 million.
How economists are both scientists and policymakers and what principles society uses to allocate its scarce resources and Using the circular flow model, explain the flow of money and goods in an economy
Elicidate the Consumption and Government Spending equal to what. Would you expect to find out a few relatively large firms or many relatively small company.
Bob’s utility function is given by . 0.5 0.5 U = X Y Bob earns $400. The price of X is $2 and the price of Y is $4. a. What is Bob’s optimal consumption bundle before any price change? b. Suppose the price of X increases to $4. What does Bob consume ..
Which policy monetary or fiscal would be more appropriate to improve the situation. Explain your choice clearly using figures.
Jack receives satisfaction(utility) from eating Lobster(L) and eating meat(M). He has an income of $1,000 and spends 25% of it in lobster and meat. The price of a pound of lobster is $50 and the price of a pound of meat is $10. Find the optimal consu..
Define Indifference Curve and what are the main properties of Indifference Curve? By using Indifference Curve analysis explain how the consumer attains maximum level of satisfaction?
Select two subject and explain how they fit into economics- what do the subject have in common? How does it impact how you think about economics? What can you learn from it? and how can you apply it?
Illustrate what is the purpose of macroeconomic models. Explain how a model of ice cream production can be used to explicate 50-fold income differences across countries.
According to the rule of 70 and 72, a 10% annual increase in real GDP would lead to doubling of real gdp in how many years? According to the future value calculation: an individual and his wife want to retire at 62 on his birthday. Greg just celebrat..
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