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Question: With a budget of $120, you can buy shirts and bread. The cost of shirts is $20, and bread is $5 each. Draw the budget line. Calculate the slope of budget line. Identify and explain any 2 ways to expand your budget line
Identify all of the pure-strategy Nash equilibria in this game.
Explain Maslow's hierarchy of needs. Which need do you find most challenging? Why? What will it take for you to feel fully self-actualized?
Present your candidate with an alternative view about why it may make sense to tolerate the existence of some monopoly firms.
Increasing population and congestion often are ad- dressed through road improvement projects. These may pit the interests of homeowners and business owners in the project area against the interests of people traveling through the improvement proj..
Would you consider the demand for eggs to be elastic or inelastic and illustrate and explain with a diagram how can the Government intervene and correct this situation
What is the mechanism in the Solow model that generates growth? Why is this an appealing mechanism? Why does it fail to deliver economic growth in the long run?
What happens to the natural rate of unemployment and the inflation rate when the real price of oil increases? (Hint: Use WS-PS and also IS-LM-PC models).
Discuss the nature of the alliance between the Soviet Union and the Western powers (US and Britain) during the Second World War.
Suppose, as an economist, you are asked to analyze an issue unlike anything you have ever done before. Also, suppose you do not have a specific model.
What does Whyman mean by "socialization of investment?" What inherent problems are there in market capitalism that lead him to think that there should be.
Examine the graph of marginal benefits and costs of abatement below. Suppose regulators expect these curves to be as shown but are uncertain as to whether or not the marginal costs of abatement curve will be higher or lower than depicted.
Under the old CEO, Gregirich Factors, Inc. made a loan to a supplier. The contract specifies that the supplier will begin paying Gregirich $29157 at the end.
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