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If contract promises were not excused because of acts of war, would the clearing and settlements clients of Bank of New York change their behavior? If so, how? What reliance behavior would be considered efficient? What reliance behavior would be considered excessive?
the half life of nicotine in the human blood stream is 2 hours. if there is initially 0.4mg present, find an equation for the amount at any time and determine when the nicotine level reaches 0.04mg.
Is it possible that the first- and second-highest bidder could together bid more than the value of the rent? Could each of them spend more than the value of the rent? Why or why not?
Suppose a country's GDP equals $500 billion for a particular year. Economists in the country estimate that household production equals 40% of GDP. What is the value of the country's household production for that year. Counting both GDP and househo..
Consider a two-good exchange economy with two individuals, A and B. A's preference is represented by uA(xA1, xA2) = 0.3ln(xA1) + 0.7ln(xA2), and B's is represented by uB(xB1, xB2) = 0.8ln(xB1) + 0.2ln(xB2).
1. here we will be using the same dataset from empirical exercise 2 the file is included in the assignments folder for
ASSUME THAT THE CONSUMPTION SCHEDULE FOR A PRIVATE OPEN ECONOMY IS SUCH THAT CONSUMPTION C = 50 + 0.8Y. ASSUME FURTHER THAT PLANNED INVESTMENT Ig AND NET EXPROTS Xn ARE INDEPENDENT OF THE LEVEL OF REAL GDP AND CONSTANT AT Ig = 30 AND Xn = 10.
Consider the numerous bank mergers of the early 2000s.Are bank mergers a good thing? What are the authors' conclusions about this?
what unemployment rates would we expect to see in this economy?b. Consider another economy in which the unemployment rate over the next three years is 6%, 7%, and then 4%. According to Okun's Law, what are the levels of short run output (Y tilde) ..
Would your answer change if the replacement cost of its physical capital stock at this time was $25 million? $28 million?
explain the term merit good and give examples of this.explain the term demerit goods and give examples of this.what are
Suppose demand for HP printers is estimated to be Q = 1000 - 5p + 10pX - 2pZ + 0.1Y. If p = 80, pX = 50, pZ = 150, and Y = 20,000; answer the following: a) What is the price elasticity of demand for HP printers
A large profitable corporation is considering two mutually exclusive capital investments: Alt A. Initial Cost: 11,000Uniform Annual Benefit: 3,000 End of depreciable life salvage value: 2,000 Depreciation method: SL End of useful life salvage value
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