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Explain how savers and borrowers might benefit from regulation of nation's financial intermediaries. Does regulation impose costs? How do these costs affect long-run economic development.
Suppose that individuals in this economy invest 30% (use .30 in the graph) of what they produce; the labor force in this economy grows at 5% (use .05) per year; and 10% (use .1) of the capital stock wears out each year. Suppose that the capital labor..
In The Symposium, Diotima says that women may be pregnant in body, while men may be pregnant in both body and mind. What does she mean by this? What is the difference between being pregnant in mind and in body? What are some examples of each type of ..
In 2006 the CEO of Bear Sterns, James Caynes, received a compensation package of $34 million. The following year Bear Sterns cost $2.7 billion to the taxpayers. Angelo Mozilo and two other top executives were charged by the Security and Exchange Comm..
How can we measure the opportunity cost of producing a good? Using a bowed outward production possibilities curve between ice cream and hammers, identify graphically the opportunity cost of obtaining an additional hammer. Does economic growth elimina..
Graph the demand curve, and give some verbal interpretation. Compute the intercept and slope of the demand curve.
Provide the time series plot. Identify the time series characteristics. Explain. Assuming no cyclical pattern, provide the best regression model for each data series. Run the regression model using E-views. Explain the validity of the model.
As a result of the United States suspending gold sales to foreign countries in 1968,
Assignment Question: GDP- Discuss China's GDP last 2 to 5 years and factors affecting their GDP.
Calculate Marginal Revenue from demand if the marginal propensity to save is 0.05, how large is the multiplier.
Under the responsibility scheme proposed by the Hong Kong government, households will be charged for solid waste disposal. Is this charge justifiable from an economics point of view?
It is sometimes suggested that the government should actively pursue an industrial policy. Explain what this means and discuss the advantages and the disadvantages of such a policy. 2. Suggest four policies to promote growth. How is it related to the..
What is cross elasticity of demand? How can it be used to tell if goods are substitutes for each other or complementary to each other? What is the rationing function of prices? Should health care be subject to this type of rationing? Be sure to comme..
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