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Many colleges sell special cards that students can use to purchase everything from textbooks or meals in the cafeteria to use of washing machines in the dorm. Students deposit money in their cards; as they use their cards for purchases, electronic scanners remove money from the cards. To replenish a card's money, a student makes a cash deposit that is credited to the card. Would these cards count as part of the money supply?
Explain what he has done wrong on each graph and what assumption of preferences is violated by each particular graph.
Describe the effects of each of the following managerial decisions or economic influences on the value of the firm: 1. The firm is required to install new equipment to reduce air pollution.2. Through heavy expenditures on advertising, the firm's mark..
The French government has recently increased the retirement age, a decision which is opposed through a large fraction of the French public, especially in students
The company estimates the probability of no damage to be 0.60, the proof damage between $0 and $10,000 to be 0.25, and the probability of damage between $10,000 and $25,000 to be 0.12. If the company wants to make a profit of $200 above the expect..
Which diagram should use to explain third degree price discrimination relating to sub-prime borrower discrimination?
economists believe that when two countries specialize and trade , each will be able to buy goods in which the other specializes at a lower cost than it would take to produce these goods itself.
What are the advantages and disadvantages of the oligopolistic structure? How would an increase in a monopolist's fixed costs affect its profit-maximizing choice of price and quantity?
Define and explain technological advance, and describe how does technological advance enter into the definition of the very long run?
Decribe how the Bank of Canada can affect interest rates and money supply in Canada. Be specific about the tools that are available to the Bank for such purposes.
The U.S. government offers significant per unit subsidy payments to U.S. sugar growers. Describe the effects of the introduction of such subsidies on the market for sugar and themarket for artificial sweeteners. Explain whether the demand curve (D..
Assuming that American imports of wine are a small part of total world wine production, draw a graph for the U.S. market for wine under free trade. b.) Now suppose that a tariff is place on the importation of wine into the United States to protec..
Suppose you were the manager of a bank that raised most of its funds from short- term variable-rate deposits and used these funds to make fixed-rate mortgage loans. Should you be more concerned about rises or falls in short-term interest rates? ..
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