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"The operation of the financial sector merely responds to economic development, adjusting to changing demands from the real sector and is therefore overemphasized." Outline the arguments for and against this.
Marge is employed and maintains a household for herself and her daughter. Monica is 22 years and a full-time student. Monica is expected to graduate from Law school in May 2015. Over the past two years, Monica has earned $9,000 a year from her part-t..
If the money supply is growing at a rate of 6 percent a year, real GDP is growing at a rate of 3 percent, and velocity is constant, what will the inflation rate be?
Write a 2-3-page executive memorandum to organizational leadership regarding the Occupational Safety and Health Administration (OSHA) and its effectiveness.
Consider the Solow model without technological progress (A= 1). The production function is given by y=k1/2, the savings rate is 30%, the population growth rate is 2% and the depreciation rate is 10%. What are the long run levels of capital, income an..
Determine whether the following transaction involves spot change, contracts of vertical integration:
If their interest rate is 1% per month, what is the equivalent monthly cost for a 3-year lease? What is a comparable monthly lease cost?
Suppose that Tamara and Vicki are both in the public eye. They get offers to sell secrets of the other to tabloids. If both keep the secrets, they are both better off than if they get exposed. If only one is exposed, the other person is better off th..
As we move even more to a global economy, will the wealth of individuals rise or fall? How can governments of countries improve inhabitants' lives and standards
A grocery store wishes to attract more customers and is considering starting a promotion. The supermarket could give a discount on some frequently purchased items or a general discount. In your diagram, show how the discount would affect the budget c..
Consider the case of extremity selection, where both the most skilled and the least skilled from a source country choose to migrate. In the Roy Model, what must the graph of the return to skill on the two countries look like to generate this scenario..
Use economics to compare three ways to reduce the demand for heroin: (i) the substitution of another, less dangerous, and less debilitating drug, such as methadone for heroin, to registered addicts; If expenditures on preventing crime equal $200 bill..
Who are the stakeholders and how are they affected by these corporate tax-saving strategies? Do companies have a responsibility to pay a fair share of income tax to local, state, and federal governments? Who determines what that fair share should be?
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