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1. Describe an important trade-off you recently faced
2. Give an example of some action that has both a monetary and non-monetary opportunity cost
3. Describe an incentive your parents offered you in an effort to influence your behavior
Suppose that the monetary base increases by $400 billion. If the money multiplier equals 2.75, the money supplies:
What is more, exports are an increasingly important aspect of the U.S. economy." (New top markets series provides data, 2015)
Elucidate the importance of credibility when evaluating a firm's potential moves.
What is the production possibilities curve and how is it useful? What 4 factors contribute to determining any point in this model? How would we apply this framework to the real world?
What is the lesson learned from the stories about the accuracy of Wikipedia?
Last year, Berkeley, CA passed a tax on yoga classes of $4 per yoga class. Suppose that the pre-taxdemand for yoga classes is QD = 2000 – 100P, and that the pre-tax supply of yoga classes is QS = 300P –200. Calculate the initial equilibrium price and..
From your analysis, craft a professional letter at least one page long to your state legislative representative recommending a beneficial change to the law. Or, if you believe no changes should be made, include detail on what portions of the law y..
The availability of investment capital is critical for a market economy to grow. Explain how this investment capital is transformed into fixed capital goods
Given the current situation in many African countries, do we see the Tragedy of the Commons occurring? Consider not only how the “tragedy” is impacting the current population but also how hit may be devastating to coming generations. Give examples an..
If the monopolist charges only one price, what is Q, P, Producer Surplus, Consumer Surplus, and total revenue?
Bank has the following balance sheet. Reserves = $760, Loans = $7,800, T-bills = $560, Deposits = $8,000, and Debt = $800. Reserve requirement is 8%. How much excess reserves the bank holds?
CED 6110: Law and Economics Assignment - Discuss the contract doctrine of unconscionability. What are its advantages and disadvantages from economic perspective
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