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In the story, We Can Remember it for You Wholesale, Philip K. Dick expresses many of the philosophical issues that Descartes discusses in the Meditations. Students are to give a philosophical analysis of the story discussing how Self as thinking thing and Mind - Body Dualism expressed or represented in the story:
What is the difference between growth rate of efficiency and level of efficiency?
What would be the percentage change in apple unit sales if the price of apples decreased by 10%? What would be the percentage change in apple unit sales if the price of pears increased by 5%? What would be the percentage change in apple unit sales if..
Assume a market for loan-able funds with the following values: Y* = 1000, C = 400, G = 200, T = 50 and I = 400. In this economy
Monopoly is often heralded as the ultimate goal of a firm, to be the only seller in a market. however the picture might not be as rosy as it appears if you actually reach monoply status. Why is that. How monopolies in real world earn huge rates of..
When the Fed decreases the interest rate paid on reserves, if the ratio of currency to deposits decreases also while the monetary base is constant, then:
Does this make economic sense? Explain the rationale behind equal prices for unequal distances in air travel using supply, demand, and cost curves.
Consider a classical Aggregate Supply/Aggregate Demand model. Explain how a self-regulating economy will return to long run equilibrium after it falls in a recessionary gap. Explain the implications of the model you present in part A in the context o..
Consider a pure exchange economy with two individuals (call A and B) and two goods (called X and Y ). Individual A has 120 units of good Y but no good X, and A's utility function is given by UA(xA, yA) = ln(xA)+ln(yA). Find the Walrasian equilibrium ..
The more abundant are idle resources when AD (aggregate demand) rises
The manager of oconomowoc rock co is under the impression that the average truckload delivered is 4500 lbs. a stockholder contends that this is an overinflated figure to lure new investors. he randomly sampled the records of 25 trucks and found the m..
Suppose current interest rate is 5% and you pay $250 for a bond. How much should bond pay you in one year.
1. It is known that the production function of a commodity is: Q = 72X + 15X2 - X3, where Q is a commodity and X is labor.
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