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Ben enjoys coffee (C) and tea (T) according to the function U = (C, T) = c+t . The price of coffee is $2 and the price of tea is $1.
Why might a parent company like McDonalds or Hilton choose to franchise its local outlets rather than own them and staff them with employees In many smaller cities all McDonald's outlets are owned by the same franchisee. Why is (or isn't) this fac..
Elucidate what would the elasticity of supply have to be for a food stamp program to increase the availability of food to the poor with no prices increase.
How does using interest rates as operating or intermediate targets lead to procyclical (reinforcing the cycle) monetary policy How could policymakers use interest rates in the policy process and avoid pro-cyclical policy
An explanation of how the issues you raised are related to at least two of the four social justice themes (human rights, equality, liberty, and justice)
each answer needs to be a paragraph.1 how does an expansionary monetary policy work? describe the steps through which
Consider an issue in public economics of your own choosing. Provide a full background to the problem and identify the role for government (or other) in generating a solution.
science of macroeconomicsdata of macroeconomics national income money and inflation.test will have 20 sample multiple
Read "Game Theory Explained," located on the PBS website. Discuss your perspective on the use of game theory. How do "Nash Equilibrium" and the idea of one "player" impacting another "player" within an organization affect the economic decisions an..
You are the manager of a firm that produces products X and Y at zero cost. You know that different types of consumers value your two products differently.
Suppose the currency-deposit ratio rises to c=0.4. Determine the levels of M1, C, D, and R if the Fed does not respond. What open market operation would be needed to prevent a change in M1 Be specific about direction and amount of the open market ..
Define economies and diseconomies of scale, explain how each is possible, and relate each to shapes of long-run average total cost curves.
question 1explain how the original phillips curve differs from the expectations-augmented phillips curve or the
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