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How will it affect the productivity, technological innovation, and GDP if the financial industry is able to lure highly skilled graduates into the financial industry, and away from their respective fields?
Assume the individuals could either have strict preferences or be indifferent. Construct the table illustrating this rule: Does this rule satisfy the condition of Universal Domain? If not, give a counterexample.
Compute the weighted average and which project should be accepted?
Bicycles are made out of aluminum. If the price of aluminum? increases, then the price of bicycles will? ________________ and the quantity will? ________________. ?Long-distance travel by bus is an inferior good. As? people's incomes? decrease, then ..
According Keynesian’s theory (the government could switch role and become consumers during a recession) Discuses these theory with some example. !? What is the condition of macroeconomics equilibrium and find MPC when Y=1 and MPS=0.25. ?
Two software companies sell competing products. These products are substitutes, so that the number of units that either company sells is a decreasing function of its own price and an increasing function of the other product's price. Write an expressi..
Suppose the required reserve ratio is 20%. If a bank has a total deposit of $200 and total assets of $1000, the amount of required reserves is
What is the present value of the pension liability if the appropriate annual rate of interest for plan liabilities is 5% compounded annually?
Why is there so much advertising in monopolistic competition and oligopoly? How does such advertising help consumers and promote efficiency? Why might it be excessive at times?
Consider a version of the DMP model where the value to not searching is zero for all workers. Should a searching worker fail to match, though, he or she receives b>0. Assume the other typical parameters: (k,z,a,e,m (Q,A)). (a) Given N workers, graphi..
Identify one or two impediments that may prevent an average citizen from receiving a fair trial in the U.S. Then, determine at least one policy that could prevent unfair trials in the U.S. court system.
Two Cournot competitiors, Nick Limited(firm 1) and Junior LLC(firm 2), face an inverse demand curve p = 400 - 2q in the market (q = q1 + q2). Both producers have a marginal cost of $10 per unit. What is the reaction function for Nick Limited? How man..
Suppose that country A and country B currently have identical production possibility frontiers, but that country A devotes only 5 per cent of its resources
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