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Fagilo (2000) found that legislators are more likely to mirror their constituent’s preferences during election years than in earlier years of their terms. This is particularly true for relatively inexperienced legislators. Why might this be the case?
The main liability on the Federal Reserve's balance sheet is. Third Bank has reserves of $12.3 million and transaction accounts of $115 million. If required reserves are 10 percent of transactions accounts, Third Bank has excess reserves of
A company estimates its annual expenses, Y, in dollars from Y = 0.235X^2+7X+4 and annual revenue in dollars from 0.215X ^2+ 16X where X is annual units sold. Find the value of X that gives maximum profit. Round to nearest integer
If immigration raises the labour force, what is the expected effect of this on the return to labour (real wages) and capital (rental rate) according to the neoclassical theory of income distribution?
Should the government limit the amounts that juries are allowed to award victims of medical malpractice, so as to reduce malpractice insurance premiums and thereby lower health care costs.
In a market where government has set the maximum price below the equilibrium price, one might expect:
Which of the following is not a motive for holding money in? Keynes's liquidity preference? theory?
The distribution of family income is preferable than the distribution of household income because
At his current consumption basket, his marginal utility for hot dogs is 5 and his marginal utility for sodas is 3.
Budget Constraint- Provide an interpretation for the budget constraint. Explain what the slope of the budget constraint is. What is a point of tangency?
As the value of the Gini coefficient approaches one, The Gini coefficient is measured by
its lenders requested that the firm disclose full information about its revenues and costs. Elucidate why Brownstown's management was reluctant to release this information to its lenders.
q1. sallys firm produces granola bars with a fixed cost of 10 this cost is already sunk. her variable cost function is
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