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What are the key contributions of small business to the U.S. economy? Rank the benefits in terms of importance, and provide the reasons for your ranking.
How do government programs that provide benefits for the poor (such as food stamps) change the incentives of people to be classified as "poor"?
Based on your own experiences, extend the list of analogies between the human body and the economy as outlined in this chapter. Then, determine which variables in your list are stocks and which are flows.
What policy rule do monetarists believe the Fed should follow? What are the major assumptions underlying this policy prescription? What average annual inflation rate would a monetarist expect if the Fed maintained a growth rate of M2 = 10% per year f..
Illustrate what is true about the prices they are able to charge and their revenue if they try to practice second degree price discrimination as the Bills did.
q1. from 1947 to 1997 the cpi in us raised to 637 therefore inflation rose 637. use this fact to adjust each of the
Contrast two or three key economic factors for this country with the United State economy also comment.
After paying the movie distributors and meeting all other noninterest expenses, the owner expects to net $2 per ticket sold. Construction costs are $1,000,000 per screen. What is marginal benefits and marginal costs.
The City library in Amritsar has several private study rooms which are freely available to clients.
Now suppose that management believes the probability of weak demand in 2009 is 25% and the probability of strong demand is 75%. Using mean-variance analysis, explain which level of output should be chosen.
How do Minimum Wage Laws affect the equilibrium in the Labor Market? For your selected product, if the government places a mandated price ABOVE the equilibrium price, how would this affect the market equilibrium?
For the following cash flow, compute the interest rate at which the $240 cost is equivalent to the subsequent benefits.
You have been asked to discuss the differences between the microeconomic definitions of supply and demand and the macroeconomic differences of aggregate supply and demand. Discuss what determines supply and demand and aggregate supply and aggregate d..
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