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Discuss some of the things that you learned from this class that is contrary to what you have heard in the media about macroeconomics and government fiscal and monetary policy.
Apply supply and demand analysis to price determination and predict changes in supply and/or demand. Analyze the effects of elasticity on consumer and business behavior.
if the person withdraws $12000 at the end of each year, after how much years will the savings be exhausted?
Other things being equal, the markup above marginal cost that a monopolist charges will be:
Trade restrictions usually benefit domestic producers because they increase the domestic price of the good. Trade restrictions usually benefit domestic consumers because they increase the variety of goods available. The benefits of trade restrictions..
In what ways does the concept of the prisoner's dilemma contribute to our understanding of environmental problems? Regarding global warming, deforestation, and ocean dumping, what are the sources of the problems (political, economic, and social)? Who..
The world's top for manufacturers on inexpensive random access memory chips, a key component of all consumer electronic devices, agreed to fines and jail term for several executive because of 1999-2002 price fixing. Suppose that 2 firm act independen..
How can a bank manage its liquidity risk while still pursuing profit?
How did the Social Security system influence the size of budget deficit during 1985-2010? How will it influence the deficit during the next two decades? Why or why not?
Identify each of the following acts as representing either saving or investment.
Illustrate what is the GDP of George's also John's island in terms of clamshells.
Indirect finance is more important than direct finance in most countries in part because of information costs associated with lending. Explain why are financial intermediaries relatively more effective at reducing these costs
A diabetic's demand for insulin is almost completely price inelastic. Draw a set of indifference curves and an appropriate budget constraint that would generate such a demand curve.
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