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Q. Review the biographies of each of the seven members of the Board of Governors. What can you say about the composition of the Board with regard to age, gender, education, previous employment, and ethnic background? Which Board members are near the ends of their terms?
As we read this week, the Fed is an independent agency of government. What do you think about the Fed being independent of government? Is this too much power for a group of people to have? Why? Why not?
If the government imposes a tax on the production of cars, which of the following will occur in the market for cars.
Does either firm have a dominant strategy. Is there a stable equilibrium.
What are the factors that affect pay differentials? How does each factor increase or decrease relative wages?
Assuming that your opportunity cost funds interest rate is 5% which refrigerator would you buy and why.
Calculate the point elasticity of the firm's total sales revenue with respect to the amount of labor used when q = 2.
What happens to each of these values if the central bank changes the reserve requirement ratio to 3%.
Can you offer another reason why the New Jersey dealer might not have wished to follow a no-haggling policy.
The market demand and supply function for VCR movie rentals are: QD= 10 - 0.04p and QS 3.8P = 4. Calculate the equilibrium quantity and price.
Do protectionist policies benefit producers, consumers, workers, or the government
Conditions that exist when they shut down their operations and the conditions that exist when they resume their operations.
Explain what occurs when a new technology makes another one obsolete in terms of economic profit?
Original owners must sell their used cars. Original owners know what their cars are worth, but buyers can't determine a cars quality until they buy it.
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