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Explain how and why the relative tax burdens on consumers and producers would be different for the following taxes: A tax on all beverages; a tax on coffee; a tax on dark roast espresso. You can assume that the elasticity of supply does not change across the different beverage markets.
Illustrate what is an investment schedule and how does it differ from an investment demand curve.
Ben Bernanke has said that the Federal Reserve is going to continue its latest round of Quantitative Easing until unemployment falls to 6.5%. How fast will the economy have to grow to bring unemployment down to 6.5% by this time next year? Assum..
You are the manager of Taurus Technologies and your sole competitor is Spyder Technologies. The two firms' products are viewed as identical by most consumers. The relevant cost functions are C(Qi)=4Qi and the inverse market demand curve for this u..
Illustrtae what is the value of a forward contract in terms of the current stock price, the interest rate, the delivery time.
Describe and graph (using AD/AS framework) an example in today's news of fine tuning economy. Assume the MPC in an economy is 0.8, the APC is 0.8 and disposable income is $9 billion. If disposable income increases to $14 billion, what is the new le..
In 2008, AIG was at risk of declaring bankruptcy and defaulting on its debt. As a result, the U.S. government stepped in and provided funding for AIG, essentially insuring creditors that they would recieve their debt payments. After the government..
you make the entire marketing plan. Document your ideas in a memo. Your memo should address the following points at a minimum.
If the price of a product produced in a competitive market increases. who is most likely to occur in the labor market for workers who produce the product.
Compute the optimal price using the arc formula for elasticity. How does the arc formula for elasticity factor in to these equations.
Using the 'standard' Taylor rule with Inflation PCE (not the core), and using end of 2011 data (2011-10-01) what is the federal funds rate implied by the 'standard' Taylor Rule?
Most commercial fish species in nearly every ocean and sea are rapidly depleted. The world fisherman and vessels represent twice as much fishing power as major stocks of fish can sustain.
Explain how does the Heckscher-Ohlin theory differ from Ricardian theory in explaining international trade patterns.
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