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Pennyworth National Bank has $750 million in rate-sensitive assets and $675 million in rate-sensitive liabilities. Calculate the change in the bank's profits if interest rates fall by 1.5%.
Through the Vietnam War period, universities and colleges were overflowing with students. Was this bumper crop of students caused by a greater expected return on a college education or by a change in the opportunity cost of attending college? Describ..
My professor requests the following: "When answering the questions, you must emphasize the line of reasoning that generated your results. It is not enough to list the results of your analysis, include correctly labeled diagrams while explaining..
Testing for overidentifying restrictions
as a result of increased tension in the middle east, oil production is down by 1.21 million barrels per day-a 5 percent reduction in the world's supply of crude oil explain the likely impact of this event on the market for gasoline and the market ..
what are the factors that affect pay differentials? how does each factor increase or decrease relative wages?explain
The point M on the accompanying production possibilities curve depicts the mix of output that is determined by the free market. In your opinion as an economist, where is the socially optimal mix of output Mark this on the PPC as point S
Calculate the effect of the wage subsidy of consumer surplus and producer surplus and What are the equations for the (long-run) expansion paths
1. explain why relatively flat as opposite relatively steep labor demand curves are more consistent with the empirical
Analyze the effects of globalization on the U.S. economy, and determine who benefits and who does not. Use examples to support your response.
Each of 50 golf clubs in the Niagara Region has a demand for generic advertising of Q = 200 - P. Ads cost $3000 each. How many ads will the clubs want to purchase as a group?
A monopoly is considering selling several units of a homogeneous product as a single package. A typical consumer’s demand for the product is Qd = 80 - 0.5P, and the marginal cost of production is $100. Decide the optimal number of units to put in a p..
Assume that the price was 5% lower and all other factors do not change. How much more would you buy each year? Using this information, compute the own-price elasticity of your demand.
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