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Describe why GDP per capita comparisons between countries could be misleading? How can economists avoid the problems with this measure?
An increase in income tax rates will always result in an increase in government tax revenues. Recessions will often result in a government budget deficit. Compare the traditional view versus the view of Ricardian equivalence of the effects of a debt-..
Compared with a drip system, a new type of infusion pump reduces the cost of administering chemotherapy from $25 per dose to $20 per dose. The complication rate of each system is 2 percent. Which should you choose? What sort of analysis should you do..
Dave’s Dogs is a firm that originally sold hotdogs and soft drinks from a cart located in front of City Hall. Then Dave purchased another hotdog cart and hired someone to sell hotdogs and soft drinks near the high school. Both locations have been suc..
Amelia buys coffee for $1 per cup and tea for 50¢ per cup; every day she drinks 1 cup of coffee and 2 cups of tea. Bernard buys coffee for 50¢ per cup and tea for $1 per cup; every day he drinks 2 cups of coffee and 1 cup of tea. Can you determine wh..
Suppose that inflation averages 3% over the next few years. Would you rather experience a constant 3% inflation or an inflation what was randomly 2% or 4%. Explain.
Bank Management is becoming increasingly complicated. What are the Four Major concerns of bank managers in ensuring the profitability of their operations? Which one do you believe is most important? Explain with examples.
Illustrate what is the capital account balance. Illustrate what is the financial account balance.
in march 2010 hertz pain relievers bought a message machine that provided a return of 8 percent. it was financed by
The following questions are based on fixed exchange rate and/or flexible exchange rate regime in an open macroeconomic model. The answers must be written in your words along with graphical illustration. Suppose the domestic and foreign interest rates..
Your company asked you to evaluate two potential projects. These projects are active for 10 years and have no salvage life. Both have the same upfront costs, but the revenue stream from each of the projects is subject to variation, so risk is involve..
Develop careers outside the home as they age - take on more of the day-to-day chores as they age.
While we know the Enlightenment played a significant role in developing the rationale for independence, what were the economic and business factors
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