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What aspects of Winthrop's views on limited government are confirmed by what takes place in the documentary? (Consider the need for a Bill of Rights, centralized government becoming too tyrannical, the benefits of local government/law enforcement, etc.)
When there is an increase in the expected rate of inflation, will the nominal and real interest rates on new loans increase, decrease, or stay constant?
Suppose you are the owner-operator of a gas station in a small town. Over the past 20 years, you and your rival have successfully kept prices at a very high level. You recently learned that your rival is retiring and closing his station in two weeks...
Assume that a consumer has the utility function U(x,y) = (3x+1)y, where x and y represent the quantities of two goods, X and Y. For parts (a)-(h), assume that good X costs pX=$3 per unit and good Y costs pY=$4 per unit. “Wealth” and “income” have the..
The money, or financial, multiplier is equal to 1/ the reserve requirement, that is, Mk = 1/RR. Assume that RR = 20%. What is Mk? Now assume that the reserve requirement is lowered to 10%. What is the new Mk? What would happen to Mk if the RR were ra..
Elucidate how these tendencies lead to religion becoming evil, how does Kimball respond to them and how the Greek Orthodox tradition transcends them.
Alan accepted an invitation from his friend Donald to attend a baseball game. The seats Donald had purchased were very good, a few rows up from the field, and just past first base. Alan actually knew nothing about baseball. Advise what arguments Alan..
Suppose that Ben has $90 to spend on two goods, movie (M) and hamburger (H). The price of a movie is $10 and the price of a hamburger is $2. Ben’s preferences are represented by the utility function: U(M, H) = M *H^2. What is Ben’s optimal choice bet..
Bell company has stock outstanding as follows, $10 par per share, 140000 shares, preferred 5%, 100 par per share, 8000 shares.
Elucidate how the solow growth model differs from models of endogenous growth with respect to the sources of technological progress and returns to capital.
sometimes a bidder on a work contract may bid lower than what would maximize hisher profit from the contract and the
Earlier this year, Greek citizens, fearing currency changes or capital controls, took billions of euros out of their bank accounts. Some of it they sent to banks in other countries, and some of it they even hid in flower pots, freezers, and yes, unde..
q1. gerry receives a raise from 10 per hour to 12.50 per hour. after the raise gerry increase the number of channels in
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