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Name three items you have purchased during the past year that have increased in quality during the year. What kind of adjustment would you make in assessing their prices for the CPI?
If deposit insurance were abolished, elucidate how would these change incentive structure facing deposit theory institutions.
Compared with perfect competition, quantity produced in monopolistic competition is inefficient as price is higher than marginal cost (i.e. allocative inefficiency). Why do some economists argue that even if price is higher than marginal cost, it doe..
Corporate bonds are often purchased as a conservative investment strategy. What is the difference between a Coupon Bond and a Zero Interest bond? Identify at least three (3) possible effects of an increase in the money supply on interest rates
Which of the following is the most accurate statement? Americans are very willing to buy domestically produced goods, even if there are more expensive than imported goods. We import more foreign goods than we did 40 years ago, but the merchandise imp..
Describe the nature oft eh incentive conflict between VCs and the managers, identifying the principal and the agent.
Suppose the government of Country L runs a balanced budget in Year 1 and a budget surplus in Year 2. Using a supply and demand graph, depict this change. Label the axes, curves, and the beginning and end equilibrium real interest rates and equilibriu..
How do global regulations influence U.S businesses operating internationally? What are the major obstacles to global regulation?
The World of Videos operates a retail store that rents movie videos. For each of the last 10 years, World of Videos has consistently earned profits exceeding $42,000 per year. The store is located on prime real estate in a college town. What is the o..
What's the difference between real GDP and real GDP per capita? Which one is more important? Why? What are your thoughts on the Affordable Care Act (normally referred to as Obamacare), and its impact on unemployment/employment and economic growth? Ho..
Budget Constraint- Provide an interpretation for the budget constraint. Explain what the slope of the budget constraint is. What is a point of tangency?
One paragraph on Business Trade in Colombia - Free Trade agreement with the US that was recently signed.
Consumers are always better off if a market is monopolistically competitive rather than perfectly competitive because of greater product variety. A monopolistically competitive firm sets price above marginal cost. A monopolistically competitive marke..
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