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The economist, Gary Becker, believes that economics is the study of the allocation of material goods. human behaviour should be submitted to the "frigid" calculus of economics. people consciously understand their decisions as governed by economic imperatives the economic approach does not apply to marriage and divorce.
Think about a good or service for which you believe there has been a shift in demand or supply.
Thunder mountain concrete and building materials is trying to bring the company funded portion of its employee retirement fund into compliance with hb-301. the company has already deposited $300000 in each of the last 5 years. if the company increase..
Now assume the following specific demand equation: p = 9 – 0.3q; r = 0.1; R= 80; mc = 2. Suppose the resource price is currently $3 per unit. What is the equation of MR? What is the specific MR corresponding to the initial point characterized by p = ..
Spartan Town Bank is the only bank in town when it comes to borrowing or depositing. You may also assume it’s the only bank in the economy. Initially, it holds $4000 worth of checking (or demand) deposits, $1000 of reserves, and $3000 of loans. Const..
Suppose that the Indian government reduces its deficit and returns to a balanced budget. If other thing remian the same, how will the demand or supply of loanable funds in India change.
How many employees does your airline have? How many destinations does your airline travel to and name some of its destinations What is the fleet size of your
Can you explain how fiscal policy (making changes to government spending and taxes) would affect aggregate demand (AD)? How do these two mechanisms of expansionary policy differ? What were the major areas of disagreement between John Maynard Keynes a..
What is path dependence? Discuss in the context of the case studies presented in this course. What is the argument presented in the video Message in the Waves?
What is the value of a 10-year, $1,000 par value bond with a 10% annual coupon if its required rate of return is 10%?
Clearly indicate consumer's and producer's burden of tax on the graph. Assume that all other factors remain constant and that the market demand curve is inelas
How can the government's power to coerce (influence economic behavior) be economically beneficial?
A bank is earning 4.72 percent on its $160 million in earning assets and is paying 2.8 percent on its liabilities. What is the bank's interest rate spread?
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