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Some economists worry that the ageing populations of industrial countries are going to start running down their savings just when the investment appetite of emerging economies is growing' (Economist, 6 May 1995)
Are they right that this is a concern?
Illustrate the effect of these phenomena on the world market for loanable funds. Which way does this argument predict the interest rate to adjust?
Should you take this into account when buying a house and considering the type of mortgage you should take?
Calculate the expected level of demand in a typical market. Indicate the range within which actual demand is expected to fall with 95% confidence.
The manager of a corporate division faces possibility of an audit each year. She prefers to spend time preparing if she will be audited;
Suppose a consumer buys 10 units of good X and 20 units of good Y every year. The following table lists the prices of goods X and Y in the years 2005-2007. Assume that these two goods constitute the typical market basket. Calculate the price indices ..
What is the difference in the national income accounts if a firm purchases a car for an executive or the firm pays the executive an additional income to purchase a car?
What factors affect how quickly U.S. businesses will actually increase their consumption of renewable fuels versus other energy sources?
What determines whether or not resources is scarce? Why is the concept of scarcity important to the definition of economics?
Use the IS-LM model to determine the effects on the general equilibrium values of the real wage, employment, output, the real interest rate, consumption, investment, and the price level. For full credit you must draw the graph and explain in words.
The child of a customer, left in a running vehicle, manages to shift the car into forward and it plows through the front of your store, sending debris and stock flying, and causing an indeterminate amount of damage to your facility.
(a) Write down the function that you are minimizing. (b) What are the OLS normal equations (1rst order conditions)? (c) Derive OLS estimators, b1 and b2, from the normal equations.
what criteria did you use to determine your strategy What risks does your strategy entail, and are the potential rewards worth those risks 3) What adjustments might you have to make to your business to be successful with your new venture
short answer questions1. explain the law of diminishing marginal utility. why does it occur?2. the value of cross price
A purely competitive firm's output is such that its marginal cost is $4 and marginal revenue is $5. Hint: remember that MR = P for Pure Competition and the Profit Maximizing rule. Assuming profit maximization, the firm should
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