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Discuss why most historians attribute the causes of the Great Depression to speculators, Wall Street, business people, and rich people.
Explain why The Banking Act of 1934 (Glass-Steagall Act) was enacted, and describe the effects.
Explain why FDR took the United States off the gold standard, and describe the effects.
Explain why FDR raised taxes.
Describe the purpose, scope, and effects of the National Industrial Recovery Act.
Explain how price-fixing of agricultural products was accomplished.
What are negative externalities? Is there any benefits to having negative externalities? What are the different viewpoints of negative externalities? What are some economic problems that can occur because of negative externalities?
Consider each of the following events. For each, identify whether it should be included in the U.S. BOP table; where relevant, determine whether it is a debit or credit entry; and calculate the statistical discrepancy entry for the U.S. BOP table. Fo..
Real GDP per person in both Alpha and Omega is equal to $2,000. Over the next 100 years, real GDP per person grows at a 1.5 percent annual rate in Alpha and at a 2.5 percent annual rate in Omega. After 100 years, real GDP per person in Alpha is _____..
There are two ways for money to be initially deposited into the banking system.
Suppose that two goods are perfect complements. If the price of one good changes, what part of the change in demand is due to the (Slutsky) substitution effect and what part is due to the (Slutsky) income effect? Explain.
Discuss what happens to Marginal Benefit (MB) and Marginal Cost (MC) curves of Insurance in the following cases: Insurance Premiums decreases
You are the manager of a firm that produces output in two plants. The demand for your firm's product is P = 80-Q, where Q = Q1 + Q2. The marginal cost associated with producing in the two plants are MC1 = Q1 and MC2 = 8. How much output should be pro..
Construct a representative indifference curve for the following cases: The two goods are right gloves and left gloves, and (1) the consumer has two hands; and (2) the consumer has only one (say left) hand.)
Considering a machine which will have an estimated service life of 10 years with a salvage value of 10% of the investment cost. Its expected saving from annual operating and maintenance costs are estimated to be $60,000.To expect a 15% rate of return..
In which of the following situations would the Fed conduct contractionary monetary policy?
Equilibrium in oligopoly is different from other market structures because:
q1. like supermarkets full-service department stores like macys are generally in decline. what factors might these
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