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You are planning to go to college and your tuition the first year is estimated for be $9,000 the first year and is expected to increase by 4% per year. How much would you have to deposit in a fund earning 6% annually to cover your tuition for 4 years?
What are the pros and cons of the government not being involved in the labor market (laissez-fair)? What would be the pros and cons of an economy of personal income tax being fully substituted with a sales tax? Please explain why.
Illustrate what will happen to the equilibrium quantity also price of a product in a competitive marketplace when the increase in demand exactly offsets the decrease in supply.
A risk-neutral consumer is deciding whether to purchase a homogeneous product from one of two firms. One firm produces an unreliable product and the other a reliable product. At the time of the sale, the consumer is unable to distinguish between the ..
How do the three equations that define general equilibrium in the AS/AS model differ (or not) when describing an economy using (i) adaptive expectations or (ii) completely credible central bank?
Find the relationship between marginal costs and benefits at this level. In general what assumptions are implicit in such an analysis?
If you were the angel investor, what is your certainty equivalent for these two projects? Are you risk-averse, risk-neutral, or risk-lover?
Give an explanation, in your opinion, of the cultural impact of government mandated price ceilings such a rent control in New York City. Such things as supply of housing, redistribution of resources, shortages, market distortion and incentives sh..
What if any difficulties do you think may be encountered in implementing the current policy being pursued by Fed Chairman Ben Bernanke to cope with one of the worst financial crises in the US since the Great depression?
Why do you believe politicians are making these items priorities (and, why now in 2014)? In economics, we are looking for incentives. What incentives does a politician, looking out for their interest (invisible hand), have to promote these bills?
African Americans, then examine through the use of historical evidence whether these factors can elucidate civil rights progress during the "Two Reconstructions".
In 2001, the number of people in the working-age population increased from 212.6 million to 215.1 million, while the labor force increased from 141.5 million to 142.3 million. By how much did the labor-force participation rate change?
Now that you have finished finance, you know there are things that we know matter and things that we think matter and things that we know very little about. Adopting NPV>0 projects is in the set of things that we know matter. We recognize that in com..
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