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Was deposit insurance intended primarily to save depositors from loss or to do so with the bigger goal in mind of preventing bank runs that cause systemic risk? Can one have a stable currency, stable credit and stable economy without creating institutions with too much power or without creating the need for government intervention to guard against systemic risk?
The economy is in a crisis! How are we going to fix it? should we cut taxes or increase government spending? lets find out. Suppose the economy can be modeled as follows. C=100+.9Yd AE=C+I+G I=500 G=500 T=500. Graph the economy and solve for equilibr..
Compute the approximate elasticity of supply from the following data:
Explain why Consumer Preferences may influence the own price elasticity of demand for a commodity.
What are some sources of revenue that the local sheriff Department must use to fund their activities. Are there any additional sources that you can think
Here are some hypothetical numbers used to illustrate the ideas of trade-offs, specialization, and comparative advantage. Assume Sri Lanka, using all her resources efficiently, can produce either 1,000 bags of rice OR 3,000 bags of tea. Let's also as..
a) Find the MRS for Linda for any given bundle (S, J). b) Find Linda's optimal consumption bundle.
Which of the following methods cannot be applied for finding the initial solution of a transportation problem?
For our simple model, suppose that the quantity of regular beer demanded per year (Q) is a function of the price of regular beer (p), the price of premium beer (p’), the temperature (t), and the income of consumers (Y): Q = D (p, p’, t, Y). Quantity ..
Suppose that a new technique for harvesting lumber more efficiently was discovered. Illustrate the effect you think this would have on the market for lumber. How will the price and quantity sold of lumber move? How would this affect the purchasing de..
Financial analysis of the past three years financial statements for John Hopkins Hospital, including analysis of appropriate ratios. Discussion of alternatives for John Hopkins Hospital (culminating in a recommendation(s) for resolving or improving i..
Ricardo was concerned about deviations of the relative prices of commodities when there was a change in the wage and profit rates. Show how he illustrated these deviations. Then explain why Ricardo was not overly concerned about these deviations, and..
Examine perfect competition in the value-menu fast-food restaurant business. Why does this type of fast-food restaurant tend to display characteristics of perfect competition? When is losing money on Mondays still a good business decision?
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