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Q. 1. Who were the three ADM executives who were sentenced to prison for this little escapade? Is there anything unique about the highest-ranking executive who got sentenced - like a family connection? (hint: the New York Times had a number of stories about this case)
2. One of the three ADM executives was actually an informant who tipped off the Feds about this conspiracy. Which executive was he? Why did he rat out his co-workers?
3. Find one other example of a price-fixing conspiracy and describe it, in 200 words or less.
Define Mercantilism, Pick a country and talk about the products they import and export with the U.S.A. Also talk about the composition of trade with relation of abundance of the two countries
Assume an endogenous growth model with labour augmenting technology.
Elucidate the marginal revenue from the fourth worker
Calculate the price elasticity of demand for Newton's Donuts
Imagine that you were the president of an emerging country that is trying to reduce the number of its imports
Describe the Schumpeterian notion of "creative destruction"
Budget line showing the various combinations of scores on the two exams that she can achieve with a total of 400 minutes of studying.
A concrete and building materials company is trying to bring the company funded portion of its employee retirement fund into compliance with HB-301.
Give an example of a government created monopoly. Is creating this monopoly necessarily bad public policy?
Why all the balance of payments accounts be in surplus. What factors determine the demand for British pounds in foreign exchange markets.
If most businesses in an industry are earning a 13 percent rate of return on their assets, but your firm is earning 23 percent what is your rate of economic profit
Find the equilibrium values of the real interest rate, consumption, investment, and the price level.
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