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Suppose a human life is worth $10 million. Installing a better lighting system in the city park would reduce the risk of someone being murdered there from 3.5 to 2.9 percent over the life of the system. The city should install the new lighting system if its cost does not exceed
What was disposable income (DI) for 2009? What does disposable income consist of? How did DI change from 2008? What caused these changes? 4. Does GDP measure the well-being of society? Why or why not? 5. What was GDP in 2008 (sometimes called GSP) ..
What should be a firms goal when managing foreign exchange and associated risks? How might the firm reach these goals?
How would you rate the country risk of the U.S.? Would your rating change if you lived in a foreign country? Why? Some people say that you cannot separate the political and financial risk of a country. What does this mean?
Illustrate what is the proper role of unions. Why are they declining in membership and influence in the economy.
Which of the following is the correct definition of economic growth?
Choose on which market structure that these businesses fit - monopolistic competition, perfect competition, and oligopoly also monopoly.
During the course of one day, airlines cut fares on nearly 35,881 routes. (a) Briefly explain why airlines might be more likely to match price cuts than price increases. (b) Which theory of oligopolistic behavior does the above situation most res..
The graphical relationship between real gross domestic product (GDP) and capital is called the:
As Vice President of sales for a rapidly growing company, you are grappling with the question of expanding the size of your direct sales force ( from its current level of 60 national salespeople). You are considering hiring from 5 to 10 additional pe..
Crusty Cakes sells donuts in Eastown and Westown. Its total costs are given by TC = 10(Qe+Qw). The demand in each neighbourhood is given by Qe = 100 - 2Pe and Qw = 100 - Pw. If Crusty price discriminates between the two neighbourhoods, how much are i..
For lunch, Ada prefers to eat soup and bread in fixed proportions. When she eats X pints of soup, she prefers to eat 2X ounces of bread. If she has X pints of soup and more than 2X ounces of bread, she eats all the soup along with 2X ounces of bread ..
If both nations reduce trade barriers and again begin to trade but now N1 exports goods into N2, but N2 has little to export into N1, what will be the nature of capital and labor flows between the two nations? Explain your reasoning.
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