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A die is rolled four times. What is the probability that the sum of four numbers equals 13?
Identify the market structure of a chosen firm operates in, analyze your chosen firm's current market share, and identify the firm's local/global competitors.
What are some of the monetary policies that the government uses to control the supply of money in the system.
As a recent graduate, you are considering employment offers from three different companies. However, in an effort to confuse you and perhaps make their offers seem better, each company has used a different purchasing power base for expressing your an..
If monopolistic competition has nothing to do with a monopoly why is monopolistic in the name?
For a given level of inflation expectations, if the central bank increases the money supply growth rate, then in the short run
The probability of successfully drilling exploration well in a region is 40%, the cost of drilling and completing a well is $50 million and if the well is successful, the etimated size of the discovered reserves is 50 MM barrels. On the other hand, a..
An investor can design a risky portfolio based on two stocks, A and B. Stock A has an expected return of 15% and a standard deviation of return of 29%. Stock B has an expected return of 10% and a standard deviation of return of 14%. The correlation c..
Suppose that only one firm produces and sells soccer balls in the world. The following equations describe its demand, marginal revenue, total cost, and marginal cost curves: How many soccer balls does the monopolist produce? At what price are they so..
Financial Crisis: Suppose that banks are less able to raise funds and so lend less. Consequently, because people and households are less able to borrow, they spend less at any given price level than they would otherwise. Suppose the economy reaches l..
Discuss the major obstacles to economic growth facing in "Libya" and give your advice as an economist on how to solve these issues.
For each of the following statements, specify whether a Keynesian, a monetarist, or a classical economist is most likely to support it, and explain in 1-2 sentences why. “During a recession, government spending should be minimized. The Federal Reser..
Initially the exchange rate between South Korea and Tunisia is in equilibrium. Now assume that there is an increase in supply of Tunisian dinar. 1. As a result of an increase in supply of Tunisian dinar, what will happen to South Korean won and Tunis..
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