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Question
Write a short essay about "monetary inflation." What is it, and why is it significant? What is its relation to price inflation? What impact, if any, does it have on individual consumers, households, and firms today?
Which set of actions maximizes the total payoff of Nikita and Margaret? Is it likely that they will choose the payoff-maximizing actions without some communication? Why or why not?
Illustrate what about Italian labor-force participation rate and unemployment rate.
What price would someone with an annual discount rate of r be willing to pay to buy a unit of land? Your answer gives the price as a function of the discount
Suppose the demand for shoes increases and the supply for shoes decreases at the same time. What is the effect it will have on the equilibrium price for shoes?
Consider a person with preferences over two goods, coffee and cigarettes. Both of these goods are addictive, in other words the more coffee you drink, the more willing you are to give up other goods in exchange for coffee and the more cigarettes you ..
Discuss the topic of child labor. With regard to its effect on the global or U.S. economy in the next two or three slides.
Explain how each of the following transactions generate two entries- a credit and a debit- in the Canadian balance of payments account, and describe how each en
Although there can be many definitions of socialism, which of the following is the least likely to be part of a definition?
A father wants to set up a bank account that will pay his daughter $18,000 at the end-of-quarter (EOQ4) and $32,000 at EOQ 8. He will fund this account by making quarterly payments of $X from the present (time zero) through EOQ 7. Draw a cash-flow di..
Compute the PV and FV, is this investment worth more or less than #1 and #2?
Suppose that, from an initial consumer equilibrium position, the price of one good falls while the price of the other good remains the same. Using indifference curve analysis, explain how and why the consumer's relative consumption of the two goods w..
Explain why the purchase and sale of used goods and of financial assets are not included in the calculation of GDP even though transactions
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