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The U.S. government has a monopoly on U.S. dollars. Can money be supplied privately? If so what are the risks to the holder?
Describe how eBay works to allocate goods and explain how the prices of those goods are determined on eBay. How does eBay, an e-commerce innovation, help increase consumer and producer surplus achieve greater allocative efficiency?
When inflation occurs some economic agents gain and some lose. Who would gain and lose if deflation occurs Why What will happen to interest rates and investment according to Keynesian and Classical/ Monetarist theories
By writing more notes than the amount of gold held, the goldsmith could lend the notes and charge interest on them. Did the goldsmith bankers make money out of thin air in a form of legal theft What were the main benefits fromt he activities of the..
Critically discuss the strengths and weaknesses of using per capita national income (even once adjusted for purchasing power parity) as a measure of welfare. Discuss at least two alternative measures of national welfare that have been put forward? ..
Have we lost touch with human interaction/communication on some level? Have we come so far that it is too late to get some of that back?
The Microsoft trial has been only one of the biggest investigations of antitrust behavior as the turn of the century.
Would it be possible to privatize the money supply in the United States completely? In doing so, what would be the primary obstacle to overcome in implementing such a policy?
What are the economic impacts of recreational marijuana in Colorado?
One or more of the names on your list correspond to the same IP address, but when you type those names into your web browser, you see different pages. Why would more than one name be assigned to a single address?
Assume that each consumer in Will's town has the following yearly demand for wine Q = 100 - 2P. The cost to produce wine is C = 145 + 5Q. Will wants to start a wine club with an annual membership fee and a per bottle price. Local ordinances dict..
Several people have argued that the recent surge in international lending and the increase in eurodollar accounts and derivatives will contribute to economic instability. Do you agree or disagree with their concerns? Why?
A. Assume that a product has an elastic demand. Explain what will occur to the firm total revenue if the price of the product is increased. B. List and explain three (3) factors that could impact price elasticity of demand for a product.
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