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Writing Assignment: Self-Interest
Top Scores (A-B) - The top scoring students will do the following:
Discuss the tragedy of the commons in a free-market economy. Address the following in your response: Explain the concept of the tragedy of the commons Can it be avoided in a true free-market economy? Why or why not? Identify three government actions ..
q.please use this discussion board to describe the events that characterized the onset and deepening of the financial
In a perfectly competitive market for coal, consumers’ benefit function from consuming tons of coal , is given by B(Q)= -.25Q^2+240Q In addition, the coal producer has a cost function given by: ?C(Q) =.1Q^2 +2Q. Suppose the government imposes an ad v..
Does a temporary increase in government expenditure increase output in the standard new-Keynesian DSGE model? Is it possible to draw any intuitive parallels between the impact of government expenditure in these models and in the IS-LM model?
An investor buys a 3% 20-year bond with a face value of $1000 for $1088. After receiving semi-annual dividend payments for 11 years, the investor decides to sell it. What would the sale price need to be to get an ROI of 4% per year compounded semi-an..
Higher unemployment caused by the recession and higher gasoline prices have contributed to a substantial reduction during 2008 in the number of vehicles on roads, bridges, and in tunnels. If the marginal cost of letting another vehicle cross a bridge..
Your partner and you have met with your property insurance agent for an annual insurance policy review. Your partner asks why you have to pay so much for liability insurance. What would you tell your partner about liability and negligence issues?
What real-world evidence would lead you to believe that firms were acting as Cournot oligopolists? Stackelberg oligopolists? Bertrand oligopolists? Give an example of each type of oligopolistic behavior and explain your answer.
Why is money now not the same as money later? Briefly describe two of the roles assigned to interest rates. What determines land rent? Describe one of the key assumptions.
The equation for the demand curve for Red Sox tickets is given by P=800-0.01Q^d. Graph the supply and demand curves. What is the equilibrium price and quantity? What is the slope of the demand curve?
In a large open economy, why is the supply of loanable funds upward sloping?
As the manager of a professional football team, you just offered the kicker a two-year contract that pays $2 million per year. The kicker refuses the contract, stating he wants $3 million this year. If you offer $3 million this year, about how much w..
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