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Assignment:
Create a list the holds the student grade (A, A-, B+,....), modify the appropriate table to accept only the grades in the list (you need to explain why you selected the above table to record the student grade).
The Malthusian population trap model has been criticized on the grounds that it
Policy makers have come to recognize that price stability should be a, long-run goal of monetary policy because
The following shows the demands and marginal revenue in two markets, 1 and 2, for a price discriminating firm along with total marginal revenue, MRT, and marginal cost MC. Compare the demand conditions in each market; i.e. how do the two markets diff..
Chimnesia has two equally sized groups of people: smokers and nonsmokers. Both types of people have utility U = √C where C is the amount of consumption that people have in any period. So long as they are healthy, individuals will consume their entire..
Consider the general equilibrium model on local public goods that we discussed in class. We found that the optimal population size
Briefly discuss China’s journey on its economic achievement from pre-independent until today.
Suppose that manna from heaven falls faster and there is a one-time permanent increase in the rate of technological progress, so g rises to g’. What does this imply for the growth rate of output per worker over time? Explain in analytical and graphic..
The company has determined that it would earn zero economic profits if price were equal to average total cost, and in this case it could sell 20,000 copies. In the short run, what is the profit-maximizing price of e-books relating to do-it-yourself..
Use any or all of the handouts on currencies or central bank policy and critique the quantitative easing policy of Europe, Japan, or China. Use the "Tinkering with Currencies..." article as a start. Is the currency of any of those countries the real ..
Many economists have attempted to create a set of social accounts that would come closer to measuring the economic well-being of the society than does GDP. What modifications of the current approach would you recommend to them?
Price Discrimination Assignment A movie theatre has a cost function which entails the rent of the commercial building of $50 per day (fixed cost) and a marginal cost of $5 per viewer. Determine the optimal ticket prices for students and for others. D..
Decrease will have on the desired proportions of capital and labor used in producing the given level of output at minimum total cost.
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