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Explain the mistake in the following statement: "consumers make certain the utility they are getting from all different consumption goods is equal."
The business cycle is measured in terms of changes in real Gross Domestic Product and is associated with changes in the unemployment rate. The financial performance of most industries is affected by the business cycle, although not equally. Consider ..
A transit project is being evaluated. This project is expected to cost $10M to construct and have a life of 30 years. The benefits associated with the project is $1.2M per year; however the disbenefits associated with the project is $300,000 in year ..
q1. elucidate the impact of each of the following upon chartered bank reserves1 the bank of canada sells government
There have been some discussions about the possibility of IRS applying only a flat tax rate in the future to every individual's income in order to calculate the individual's share of income tax.
John, Denny, Cass, and Michelle decided to perform music together from time to time. John would pay to book a venue. Denny would pay for gas in Cass’s car (a beat up car, but that she later replaced with a Porsche), How should they split the money th..
Assuming that prices are set competitively (i.e. set equal to MC of producing services), show in a supply-demand graph how we could measure the “efficiency loss” (or deadweight loss) associated with health care over-consumption.
What does the term "bank failure" mean? What role does FDIC insurance play?
With the passage of the Affordable Care Act the U.S. government requires that everyone have some form of health insurance. One of the provisions of the law is that firms with more than 50 full-time workers must provide health insurance to those worke..
Refer to the above diagram, where Sd and Dd are the domestic supply and demand for a product and Pc is the world price of that product. With a PcPt per unit tariff, the quantities sold by foreign and domestic producers respectively will be
Suppose a Mexican immigrant to the US could earn $20,000 in the US and $4000 if she stayed home in Mexico. Also assume that she will live and work forever, and that her discount rate is 8%. If she does not migrate, what is the lowest possible implied..
Show the tangency points of producing some output Q in two countries with identical technology and cost. Country A has higher wage rate compared to Country B. but country B has higher price of capital than Country A, why are the capital ratios differ..
Which of the following is not part of the index of leading economic indicators?
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