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Q1. Pick a "society" and time in history you would consider that the vast majority were doing very well economically. What was the economic model followed by the leaders at that time (capitalism/socialism/communism)? How did each social group in that society fair during that time (how do you know)? What happened to that society (what made it go away and why)?
Q2. Explain: "Free-trade zones such as the EU and NAFTA lead a double life: They can promote free trade among members, but they pose serious trade obstacles for nonmembers." Do you think the net effects of trade blocs are good or bad for world trade? Why? How do the efforts of the WTO relate to these trade blocs?
The law of demand states that other things equal
As control variables, Quinn's data also includes income the individual earned in the month the data was collected, and the amount that it rained in the month the data was collected.
Suppose the interest rate on 6-month treasury bills is 7 percent per year in the United Kingdom and 4 percent per year in the United States.
If one draws MC curves pre and post innovation as well as the Marginal Revenue line for a monopoly and the MR in a competitive situation.
We operate 300 days per year and have found that an order must be placed with our supplier 6 working days before we can expect to receive that order.
Assume that the industry wants to expand and has to make some long-term capital budgeting decisions. Now the industry is confronted with government regulations to oversee the merger.
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.
Write down the budget constraint of the representative consumer and Write down the maximization problem of the representative consumer and find labor supply
In the context of share holder maximization model of a firm, what is the expected impact of each of the event on the value of the firm?
Fully evaluate these regression results, including computation of t-statistics, adjusted R2, and the F-statistic.
Challenge of any merger that raises the HHI by 100+ points in a market where the HHI is above 1800 before the merger.
The Road Runner Club contributes money to Senator Sly's reelection campaign fund, and Senator Sly helps pass legislation to add more jogging paths across the state
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