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Q1. Throughout 2nd World War, U.S. prisoners of war utilized cigarettes as a form of money. Cigarettes were used to purchase something that was for sale in the prison camps. As we have discussed conversely that money should possess the qualities of durability, portability, divisibility, uniformity, ease of recognition and scarcity, and discuss the advantages and disadvantages of cigarette money in this prison economy in terms of these 6 criteria.
Q2. As to think take some time and illustrate about the ways in which you're learning in this class relates to the real world. Illustrate the knowledge you achieve been valuable in helping you understand or evaluate events or policies? Explain is there any present events in the news that you can directly link to concepts or theories covered so far?
Explain how many bushels of corn are purchased by consumers and at what price. How many bushels of corn are purchased by the government and at what price.
The market allows for proportional representation of minorities, but minorities must yield to the views of the majority when activities are undertaken through government.” In your own words, explain the meaning of this statement. Is the statement ..
Illustrate what will the average total cost be after 1 unit is produced. Elucidate what impact does the dollar appreciation have on the firm's international competitiveness.
Draw a set of indifference curves that would make it optimal for him to work 4 hours of overtime each day.
Assume which the mix of fiscal and monetary policies is changed such which the money supply is increased by 100 while the government.
From the scenario, suggest substantive ways in which Herb and Renee may use the information in the table in order to ascertain the profit maximizing level of output and price. Provide a rationale for your decision.
Illustrate what are the main determinants of the amount of excess reserves held by banks. Illustrate what is the primary determinant of deposits and the money supply in the long-run.
By how much will total economic surplus change if the city council passes a law requiring employers to include full reimbursement
the comnpany offered to pay his debts in one lump sum if he would pay the company $308.29 per month for the next 36 months. What monthly rate on interest is the loan company charging on his transaction?
Elucidate that the balance sheet balances if these are the only assets and liabilities.
Assuming that your opportunity cost funds interest rate is 5% which refrigerator would you buy and why.
q1. the banking market in athens ohio currently has four banks with market shares of 60 percent 20 percent 15 percent
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