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Q1. Are recessions a necessary fact of macroeconomic life? If not, illustrate what would it take to eliminate them? If they are unavoidable, illustrate what types of business can benefit from them?
Q2. It has been said that Marx stood Hegel on his head,. Did Marx do the same to Classical Economics? Evaluate Marx, the various influences on Marxian theory, also the Classical-Marxian links.
Q3. We said that an uncrowned country club golf course has aspects of public good. Why? Is it still a public good if it becomes crowded also people's games are slowed down?
One day you arrive to discover that the coffee shop has changed its name to Five bucks and is now charging $5 per cup.
Defend your use of either monetary policy or fiscal policy to do this.
Considering companies operate in their own self interest, should cartels be legal.
Assume that during the last month of the tenth year of ownership, the property in Problem 2 is sold for 1,500,000. Assume also that the seller incurs transaction costs equalling 6 % of the sales price.
She says the tax will generate $100,000 tax revenues per month. What assumption is she making.
A company's cash sales for the month are $200,000 and its accounts receivable payments for the month are $100,000. What is its total incoming cash flow.
You will need to determine how you will measure strict gun control laws for the states and to define what types of crimes will make up the crime rate.
Calculate Max's marginal utility from snorkeling at each number of hours per day. Does Max's marginal utility from snorkeling obey the principle of diminishing marginal utility.
How macroeconomic equilibrium does an economy achieve. Elucidate what affect does a high level of inflation have on macroeconomic equilibrium.
In what ways and to what extent did coffee production contributed to the growth and development of the Brazilian economy before 1930.
Compute the yield to maturity to the nearest percentage point.
Decreasing returns to scale refers to a situation where an increase in a firm's scale of production leads to lower costs every unit produced.
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