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Question: You just got a job in Washington, D.C. You move into an apartment with some acquaintances. All your roommates, however, are slackers and do not clean up after themselves. You, on the other hand, can clean faster than each of them. You determine that you are 70% faster at dishes and 10% faster with vacuuming. All of these tasks have to be done daily. Which jobs should you assign to your roommates to get the most free time overall? Assume you have the same number of hours to devote to cleaning. Now, since you are faster, you seem to get done quicker than your roommate. What sorts of problems may this create? Can you imagine a traderelated analogy to this problem?
If the government subsidizes private colleges and sets the subsidy so that the efficient number of students will enroll in college, what is the subsidy per student? How many students will enroll?
Many countries in the European Union use the same currency: Euro. Should the US, Canada and Mexico similarly use the same currency? What are the pros and cons of using the same currency if all three countries use it? Will the US benefit from such as ..
A company owns two different computers, which are in separate buildings and operated entirely separately. Based on past history, Computer 1 is expected.
At times, people will suggest that the Fed should try and achieve an inflation rate of zero percent. If we assume that velocity is constant, does this goal of zero inflation require that the rate of money growth equal zero.
What is the average girth of a European parrot's cervix during dilation, if and only if, that parrot is a contingent commodity that is traded as a future option in the east Caribbean pet exchange run by sea going pirates.
A firm facing a downward sloping demand curve is producing a level of output at which price is $7, marginal revenue is $5, and average total cost, which is at its minimum value, is $3. In order to maximize profit, the firm should
describe what would cause government purchases function to increase. will the change in social security spending affect
The winner of the men's and women's tennis singles at the Canadian Open is paid twice as much as the runner-up, but it takes two players to have a singles.
like supermarkets, full service department stores like macy's are generally in decline. what factors might these types of stores have in common behind their declines how would you determine which were important and which were not
An article in the Economist notes: That securitization caused more subprime mortgages to be written is not in doubt. By offering access to a much deeper pool of capital, securitization helped to bring down the cost of mortgages and made home-owner..
fiscal policy refers to the changes in governments choices regarding the overall level of government spending and taxes
The net accounts receivable balance is comprised of the following three items: (a) accounts receivable-debit balances $55,590; (b) accounts receivable-credit balances $8,000;
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