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Carolyn is given a bundle of housing and food that is on her budget constraint. What has to be true about the price of housing and the price of food relative to the MRSFH in order for it to be the case that Carolyn needs to buy more housing and less food in order to maximize her utility? Why?
Assume that the senior managers of FedEx Express and FedEx Ground each have an investment opportunity that would require $20 million of additional operating assets and that would increase operating income by $4 million. If FedEx evaluates all of i..
What values and behavior were expected of Japanese samurai? Describe the role of the daimyo in Tokugawa Japan, as portrayed in episode two. What was the "floating world" in Tokugawa Japan?
Wade’s solution to prevent crises such as the Asian financial crisis involves each of the following components EXCEPT:
Find out the aggregate economic effects of the combination of the shock to the economy and the government's response to it.
How will this change in the level of price affect the demand for money and the equilibrium interest rate.
Discuss how the consumer assesses the value of marlboro cigarettes. How does it compare to competing marlboro on the market? Is value based on price, product attributes, something else, or a combination of things?
IM’s utility function can be expressed as u(x, y) =?1/X + y and his monthly income is 10 DOLLAR. Given that price for X is P won and Y is 1 DOLLAR, Calculates the X point price elasticity of demand.
Your partner and you have met with your property insurance agent for an annual insurance policy review. Your partner asks why you have to pay so much for liability insurance. What would you tell your partner about liability and negligence issues?
If a country's currency's external value is tied or pegged to the currency values of the country's leading trading partners, this arrangement
How harmful is the public debt? Are you concerned about the public debt? Why or why not? Was it wise for the government to use expansionary fiscal policy during the Great Recession even with the effect on the public debt? Do you feel that the benefit..
Show (and explain) the short- and long-run effects of a decrease in the money supply, on a graph of AS and AD, starting at the natural rate of output. Is money neutral?
q.assume a country the total holdings of banks were as followsrequired reserves 45 millionexcess reserves 15
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