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If crime, violence, or deviance were proven to be caused by one or more of the biological or psychological theories discussed within this unit's reading on trait theories, what impact would this have on the criminal justice system?
Derive the equation for national saving. Is the saving schedule vertical or upward Sloping? What are the equilibrium values of C, I, and r?
Rising oil prices cause airlines to adjust flight schedules. Show the effect on airline prices and quantity demanded. Show the shift of supply and/or demand curves and explain why the curve(s) shifted.
My tastes for chocolate (x) and other goods (y) can be represented by the utility function u( x,y) = 9x^2/3 + y , where MUx = 6 / x^1/3 and MUy = 1. a) State the optimization problem. What are the endogenous variables in this problem? Exogenous var..
Explain why a movement from a point inside a production possibilities frontier to the production possibilities frontier can be described as a free lunch and a movement along a production possibilities frontier is described as a tradeoff.
Find the upper and lower bounds on the prices of the European Call and the Put options and then find their ranges. (i.e. all possible values).
In Solow’s growth model, illustrate using a diagram what will happen if population growth rate is reduced? What will happen to GDP? GDP per capita? Will GDP per capita grow at steady state? How does the extended Solow’s model help explain GDP per cap..
“While the imposition by a country’s government of an import tariff on a good clearly injures the country’s domestic consumers of the good, the tariff helps domestic import-competing producers and enhances overall country welfare (i.e., the “net welf..
Discuss the motivations of large corporations to become multinational. In your discussion include the sources of economies of scale that such operations provide
q.in the united states private schools charge tuition and compete against private schools that do not. one policy
The treasurer of a major U.S. firm has $30 million to invest for three months. The interest rate in the United States is .31 percent per month
1. Sales of cars declined by 15 per cent in a recent recession. During this period the price of cars rose by 6 per cent, average income fell by 4 per cent and the price of petrol rose by 20 per cent. It has been estimated that the PED for cars is - 0..
When negative externalities exist in production, _____. Why do market failures arise in case of public goods?
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