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Explain two strategies that you would use to persuade the Republican leadership in Congress to support the Affordable Care Act.
Consider an individual aged 22 who is completing a bachelor's degree and is trying to decide whether to continue his education for an additional two years in order to obtain a Master's degree. Expected working life is through age 64.
Illustrate what two kinds of changes in the capital stock can improve labor productivity. What determines the slope of the per-worker production function.
If the annual interest rate is constant at 12 percent, how much must be deposited monthly between ages 23 and 60 for you to receive your $6,000/month for 25 years.assume monthly compounding throughout.
Assume that the Fed unexpectedly raise the rate of money growth.
The demand for illegal drugs is inelastic. Much of the expenditure on illegal drugs comes from crime. Assuming these statements to be correct, What is the most effective way of decreasing the quantity of drugs consumed and decreasing the amount of dr..
See the inflation adjusted data also identify the periods of negative real economic growth. What might have caused each of these periods of economic decline.
Suppose an individual's marginal rate of substitution is three slices of pizza for one beer at the present bundle of beer and pizza she is consuming. If the price of beer is $1.00 and the price of a slice of pizza is $1.50, is the consumer maximizing..
Suppose capital is steady, with three machines and MPPK/MRCK = 30, determine the least cost input combo of labor and capital? How much output is produced?
Assume that the exchange rate is allowed to fluctuate freely. Use the IS-LM-IP Model to explain and graphically illustrate the impact of foreign output/income, will have on the domestic economy. Be sure label all graphs clearly with the curves and eq..
What is price elasticity? How does Moore's Law relate to this concept? What is sepcial about falling chip price?
Assume the inflation rate in Canada to be 5 percent per year for the indefinite future - How much would a Canadian dollar, at the end of 10 years, be worth in terms of today's dollar?
Tommy spends most of his monthly budget on $3 video game rentals or $6 packets of Pokemon cards. The opportunity cost to Tommy of an extra packet of Pokemon cards is:
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