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The United States has experienced significant increases in the concentration of industry. For example, there are fewer but larger banks now than in the 1980s. What does this imply about the efficiency of our economy and the prospects of increasing our national prosperity?
How did the Federal Reserve let the banking system collapse in the 1930's Great Depression? Did The Fed get things right in our 2008 crisis and since then?
A firm has the exogenous cost function C(Q) = 354Q-30Q^2 + Q^3. Compute the marginal cost function. Compute the average cost function. For the remaining parts, assume that the demand for the firm’s product is D(P) = 25- √P. Calculate the inverse dema..
Suggest at least two SQL optimization techniques that can be used to enhance the data access turnaround time and transaction processing time.
For each of the cost functions found in part I, find the marginal cost, the average cost function and the average variable cost function.
If the pressures for the currency to appreciate persist, would it be difficult to maintain the fixed exchange rate?
The interest rate generally considered to be the best indicator of day-to-day money market conditions and the one most directly monitored/targeted by the Fed is:
Studies have fixed the short run price elasticity of demand for gasoline at the pump at -.20. Suppose the international hostilities lead to a sudden cutoff of crude oil supplies. As a result, US supplies of refined gas drop 10 percent. How would the ..
Your task is to use information about existing economic conditions to forecast U.S. and Canadian interest rates. The following information is available to you. Over the past six months, U.S. interest rate have declined, and Canadian interest rate hav..
A profit maximizing monopolist faces a demand function given by Q(p)=70-p. The cost function is C(q)=5q. Suppose that the government introduces a tax of $10 per unit of output. As a result of the tax, the monopolist will? (increase the price to what?..
Explain the differences in the yield curve under strategies A and B.
Describe the 3 "S's of Similarity" and support each one with a specific example.
Freshman Jim Student only consumes two goods: paper (P) and cups of coffee (C). Suppose that currently Jim has $300 of spending money for the semester. The price of coffee is $3.00 per cup and the price of paper is $5 per 100 sheets. On your budget l..
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