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Paul Schumer and Jim Miller, two analyst at a research institute, discuss the rising costs of higher education in their country. Paul feels that escalating tuition fees in colleges and universities are indicative of a bubble in the higher education market. According to Jim, however, the rising costs are the result of better quality education being provided by the institutions in recent years. Which of the following , if true, will streghten Jim's claim? A. The gap between the earnings of college graduates and nongraduates is increasing. B. The demand for student loans has fallen in the last few years. C. Students in most colleges complain of bad infrastructure. D. Salary levels in the education sector have remained more or less unchanged over the last few years.
Agile project management was originally developed to do software development. Could a traditional process be successfully used to develop a new software program? Why or why not? Could an Agile methodology be used to build a strip mall in your home to..
In a macroeconomic equilibrium,
Assume that the marginal propensity to save increases. If the Fed wants to keep the level of output from fluctuating, should it undertake open market purchases or sales? In your answer discuss how the composition of GDP is affected.
As a result of the failure of Fed policy between 2004 and 2007: Between January 2004 and 2007, the federal funds interest rate increased from 1% to over 5%. As a result: Between January 2007 and January 2009, the federal funds interest rate decreased..
Suppose a monopolist’s costs are described by the function C = 200 + 2Q2, and it faces a demand curve of Q = 240 – p. If it cannot price discriminate, what are the profit-maximizing price and quantity? What are profits?
What price will the firm charge in each market? Based solely on these two prices, which market has the higher price elasticity of demand? What will be this monopolist's total economic profit?
Which characteristic of competitive markets permits society to answer the illustrate what to create question efficiently.
Then, in the year after the 10 payments are made, you will receive 10 annual payments of $500 each. Your personal discount rate is 7.5%. Should you purchase the insurance product?
Because of the close co-movement between the budget deficit and the current account deficit, the two are often referred to as “twin deficits”. Explain in detail how an increase in the budget deficit that is due to an increase in government spending (..
Which of the following demonstrates the law of supply?
Let us for now ignore the problem of linear zing around zero-growth-rate, and assume that there is no problem in modelling constant natural growth rate. Let us suppose that monetary shock occurred, due to stochastic or forecast errors or intentional ..
Warner Brothers is considering making the next 3 Superman movies at the same time, for a total of $400,000,000. The movies will each generate the same revenue, but be released in years 1, 2, and 3. What is the revenue required for each film so that t..
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