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At some colleges and universities, economics professors earn hugh salaries than professors in some other fields.a. Why might this be true?b. Some other colleges and universities have a policy of paying equal salaries to professors in all fields. At some of these schools, economics professors have lighter teaching loads than professors in some other fields. What role do the differences in teaching loads play?
Assume both the 1-year and 11-year spot rates unexpectedly shift downward by 2 percent. Illustrate what is the price of a forward contract otherwise identical to yours.
Illustrate what is the major pros of the real GDP measure. Construct a price index giving all products equal weight.
Elucidate the nature of Keynesian tax cuts under Kennedy and Supply-Side tax cuts under Reagan.
Calculate the yearly approximate interest cost of not taking a discount using the following scenarios. What conclusion can be drawn from the calculations?
Illustrate two policies could you use to reduce the total amount of emissions. Explain how would you decide what was the best level of emission reduction.
Utilizing the supply and demand model, explain what would happen to the supply curve during a drought. Also explain the affect on the price of water.
Suppose that property rights to the environment are established, and Jack has them. Further, assume that Jack and May can engage in costless bargaining.
The level of investment down because of a lack of confidence in the economy. Interest rates are kept artificially low by the Federal Reserve for several years.
The marketplace structure of Starbucks is a monopolistic competition. In the coffee industry, many producers and consumers exist, the goods and services are mixed.
If supply decreases along a given demand curve. Fiscal policy focuses on manipulating.
Explain the advantages and disadvantages of using a change in the tax rate to achieve the desired increase in output.
Graph the answer and shade or show if it has a feasible solution, is unbounded, has no solution, has multiple solutions or is redundant.
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