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What is the advantage of charging a fee in queuing?
What is the disadvantage?
a. eliminates those who really need the medical service; does not eliminate those who only barely need the medical service
b. eliminates those who barely need the medical service; does not eliminate those who really need the medical service and cannot afford the fee
c. eliminates those who barely need the medical service; eliminates those who really need the medical service and cannot afford the fee
d. does not eliminate those who barely need the medical service; eliminates those who really need the medical service and cannot afford the fee
The vertical long run AS curve compatible with classical economics implies that AD only determines the price level
A bank has a net income (after taxes) of $3.5 million; assets of $150 million; and bank capital of $12.5 million. What is the bank’s (i) return on equity; (ii) return on assets; and (iii) debt-to-equity ratio? Show your work.
Explain how new Classical and new Keynesian theory overcame their respective weaknesses/criticism as they borrowed from each other and are currently able to coexist successfully.
Illustrate what do you think would occur when there is little or no competition is a marketplace
how the change in money supply affects investment demand and as a consequence, aggregate demand. What role dose the spending multiplier play in this process?
Discuss the new equilibrium price also quantity which result from these changes. Can you exhibit some of these changes graphically.
Suppose that you have won a wrongful injury lawsuit and have been awarded $5 million dollars. However, the $5 million is going to come in two payments. The first payment is $3 million and will be paid in exactly one year. The remaining $2 million is ..
q.the government plans to rise state spending by 2bn in the next fiscal year. economists estimate that consumers will
The demand function is given by p(y) = 140 - y/3. What is the level of output that will maximize profit?
For each item in this list, please explain whether it would be considered a pure public, quasi-public or pure private good. (TIP: Think about whether the item has shared consumption and/or exclusivity to determine what type of good it is.)
What variables to include in x. What functional form to use; should x include higher order, interaction terms of variables.
Suppose the restaurant industry is perfectly competitive. All producers have identical cost curves and the industry is currently in long-run equilibrium, with each producer producing at its minimum long-run average total cost of $8.
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