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Damages and Loss of Life
What is the value of a statistical life? How is it estimated? What are some issues associated with its use?
If the apartment house can be sold for $100,000 at the end of 10 years, how much can you afford to pay for it if the time value of money is 10%?
The Bank of England has switched from interest rate cuts to "quantitative easing" This policy involves buying bonds from commercial banks in the hope that these institutions will again lend in vast quantities to businesses and individuals after sitti..
In terms of preferences, what is the condition for the efficient distribution of goods? Explain why if all consumers face the same price for all goods, then we have efficiency (this takes a few steps of logic). Include a graph of a consumer maximizin..
In spite of the limitations (shortcomings), why is the GDP used as a measure of national income as well as a measure of national economic wellbeing?
Networks often contain valuable information and are the target of threats to acquire the information or damage the information.
For a number of years, Japan automakers voluntarily limited the number of cars they exported to the United States. What effect do you think this had on Japanese imports of U.S cars and U.S exports of goods and services other than automobiles?
If the MPC=0.8 and planned autonomous investment increases by $80 billion, then equilibrium real GDP will increase by
Distinguish between general and specific on-the-job training. Who normally pays for general training? Specific training? Why the difference? Are there any exceptions to these generalizations? Explain.
Suppose Janet has an "appetizer budget" of $165 per week, which she spends on cheese and fruit. To maximize her utility, Janet will purchase.
In October 2011, Apple introduced the iPhone 4S, which had new features, including camera and voice control, but sold at the same price as the previous iPhone model. How did the introduction of the iPhone 4S affect the Consumer Price Index? What fact..
The annual operating costs increase by 15% each year as the machines age. If the MARR is 8%, which press should be chosen?The annual operating costs increase by
Respond to the question and to other students' postings. Consider the following when posting your responses: Why might this be the right form for the new business? What might some of the disadvantages be?
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