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During difficult times, politicians are under strong pressure to take action. Should they take action or do nothing? Explain why.
Compare and contrast a wealth tax and an income tax. Evaluate how the differences between these two taxes might impact individual behavior.
From the firms' point of view, what are some of the incentives to consolidate? Describe the competitive environment within the industry.
Prove that a risk-averse von Neumann-Morgenstern perticular will over-insure, fully-insure, or under-insure according as the insurance is available
Illustrate what is a fixed exchange rate system. Discuss whether it is basically good or bad, and explain.
q.1 nbspbriefly define the following termsa.nbspnbspnbsp unemployment rate be sure to give the definition of the
Explain the significance of macroeconomics, gross domestic product, intermediate products, secondhand sales, nonmarket transactions, underground economy.
Why might it be difficult for the Fed to formally adopt inflation targeting? Would inflation targeting be a good policy for the Fed in the present economic environment
According to BusinessWeek Online, worldwide spending on IT services andoutsourcing are expected to modestly grow through the end of this decade. Growth in business-process outsourcing (BPO)-the practice of hiring a third party to administer and ma..
This exercise provides an example of a pair of random variables X and Y for which the conditional mean of Y given X depends on X but corr(X, Y) = 0. Let X and Z be two independently distributed standard normal random variables, and let Y = X2 + Z.
Make a brief history of the FEDERAL RESERVE system and explain the organizational structure of this agency as well as the role the Fed has in drafting and implementing United State Monetary policy.
research information on companies that have engaged in monopoly behavior, such as Microsoft, Google, or Wal-Mart, and explain how society has been affected by the monopoly behavior using that information.
A country is always worse off when its currency is weak (falls in value). Is this statement true, false, or uncertain? Explain your answer.
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