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There is this so called movement that claims the "science is settled". The climate is changing and if you don't believe it your are a "denier" . What I would like you to discuss is the this point the "science is settled" claim. When in human history has any science been settled? Who has the audacity or authority to make the statement that any science is settled? Has the climate of the earth is its billions of years of history ever "changed" before?
Money demand shocks will not affect the output level so long as the Fed pegs interest rates. True or false? Use an IS-LM diagram to explain your answer.
How might a company's internet presence improve information problems? Can a company’s internet presence worsen information problems? Give an example of a company that has an internet presence. Does the company’s presence on the internet improve infor..
Distinguish between resource market and product market in circular flow model. In what way are businesses and households both sellers and buyers in this model. What are flows in circular flow model.
Which of the following is NOT true regarding top-down budgeting?
Illustrate what is the marginal cost of a string. Calculate marginal revenue and marginal cost for each quantity.
Cigarettes currently sell for $10 a pack. Suppose the government imposes both a $4 sales tax and a $7 excise subsidy on cigarettes. Use a graph to demonstrate that the new price must be somewhere between $3 and $6 a pack.
Which plan would you recommend that the Ridpaths choose? Why? What other health coverage options should the Ridpaths consider?
Illustrate what are the opportunity costs for the manager of being in this business relative to returning to his old job. What is the economic profit of the business.
Stackelberg (1934) proposed a dynamic model of Duopoly in which a dominant (or leader) firm moves first and a subordinate (or follower) firm moves second. Consider a model in which firms choose quantities sequentially and then compete according to th..
You own a golf course in Florida and you need to determine how many golf carts you need to buy to maximize profits. What is the user cost of capital and what is it expressed in? Now suppose the (local) government with all their financial shortfalls e..
Determine the present worth of a geometric gradient series with a cash flow of $50,000 in year 1 and increases of 6% each year through year 8. The interest rate is 10% per year
Find the consumer's price index (CPI) for the last 50 years. Find the equivalent buying power in 2014 for an amount of $4000 in 1997?
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