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What are the best online resources to learn about "marginal economics", specifically related to the outlook for oil prices?
The United States has an absolute advantage in making many goods, such as short-sleeve cotton golf shirts. Why do Cost a Rica and Bangladesh make these shirts and export them to the United States?
What is the maximum amount of good Y that can be purchased if X and Y are the only two goods available, and individual income is $600, Px=15 Py=10, and they are already purchase 30 units of good X?
The table shows a bank’s balance sheet. The bank has no excess reserves and there is no currency drain. Suppose the bank sells $2 million of government securities to the central bank in an open market operation. As soon as the sale happens, the bank ..
Why does using the beta with the excel method might be different than using the weighted averages from the other websites?
Would Americans in general be better off if they did not buy so many things from others? Why do you feel this way?
What is the method that is used by the RMI client to connect to remote RMI servers?
The elacity of demand for a firm’s product is - 2 and its advertising elasticity of demand is 0.1. determine the firm's optimal advertising -to-sales ratio? if the firm's revenues are $50,000, what is its profit-maximizing level advertising?
The simple case of a fixed per-unit tax is indicative of more complicated ones. Consider a proportional sales tax and a progressive sales tax. How do the tax revenues, and quantities produced compare in these various cases? Explain how value can be c..
Suppose you are receiving a large shipment of Gizmos. The manufacturing standards provide that 1% of Gizmos turn out defective. You randomly select a sample of n = 25 from each lot and return the shipment if more than 2 are found defective. The proba..
Suppose that the price of gasoline at a particular station two months ago was $2.80 per gallon (keep it simple—assume one grade of gas). The past month, the price of gas was $3.10 per gallon. Assuming 20,100 gallons were sold two months ago and 20,00..
Suppose an economy's real GDP is $50,000 in year 1 and $53,500 in year 2. What is the growth rate of its real GDP between year 1 and year 2? Assume that population is 100 in year 1 and 103 in year 2. What is the growth rate of real GDP per capita?
You borrow $10,000 from a bank on January 1st. You must repay the loan in 36 equal monthly payments, due on the 1st of each month beginning February 1st. If interest is 12% annually compounded monthly, what will be your equal monthly payments?
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