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Drugs, Inc. recently received approval from the Food and Drug Administration for its new supplemental drug application for a 300-milligram tablet of an antiplatelet treatment. The company invested $170 thousand in the research and development fund for this drug application 7 years ago. What is the present worth of the investment now, if the company achieves a rate of return of 2% per year?
Congress is proposing a bill that will roll back gasoline prices to four dollars a gallon. Analyze the consequences of such a bill and whether or not you would personally favor it. Consider all the costs involved in your analysis.
Discuss some of the methodological and measurement problems one might encounter in using time-series data to estimate the parameters of this model.
If you were to draw the two nations' PPF's on the same graph, elucidate which would be farther to the right.
Whether the U.S. Congress press a tariff raising the cost of Japanese compute. Illustrate what are four mutually exclusive states of the world that you should be concerned about
Illustrate what are the different types of inflation. Elucidate why is it important to know which type of inflation we may be experiencing.
Empirical estimates of the price elasticity of demand suggest that the demand for household consumption of alcoholic beverages is
Elucidate the importance of credibility when evaluating a firm's potential moves.
Elucidate how does TARP illustrate the problem of moral hazard. Illustrate what did the Federal Reserve do during the financial crisis.
Imagine you are a manager for the good or service used above. From the results of the regression equation, suggest strategies to either maintain demand.
Discuss the observation made recently by an undergraduate philosophy major that "the major international institutions are concerned with keeping the rich countries rich, at the expense of the poorer ones."
Visit the Fed's Summary of Commentary on Current Economic Conditions, also known as the Beige Book. Prepare a proposal recommending monetary policy actions designed to correct problems with spending, employment, and prices. Defend your choices.
Illustrate what are the main characteristics of a perfectly competitive market that cause buyers and sellers to be price takers.
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