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Imagine that you are a policy consultant and you are asked your thoughts on restructuring the European Union. In your opinion, which of the following institutions is the most significant (you must also define what you feel the concept of “significant” means in EU terms): European Parliament, European Council, European Commission, or the Council of Ministers. Which of the following institutions would you recommend dissolving? Explain your rationale. Do you think this multi-faceted decision-making process “works” for the European Union? Why or why not?
On October 19, 1987, the Dow Jones industrial average dropped about 500 points or a little more than 23%. What effect should a decline in stock values of this magnitude have had on aggregate demand according to the life-cycle theory of consumption?
Specific areas of health care that you think may be worse off than others 2. Special population, communities or geographic areas that may be worse off compared to others. 3. What about the uninsured and the under insured, do you think that they deser..
Does the widget production function exhibit constant, increasing or decreasing returns to scale.
What is the present worth of the following cash flow stream? Assume 8% interest and an initial purchase price of $30,000 is included (4 pts)
Which leads to higher interest rates, which leads to higher output? Which leads to higher inflation? Which represents a more hawkish Fed? Which represents a more dovish Fed?
How did speculation contribute to the stock market crash of 1929? Cite two examples of speculation at the time. Given that only 10% of households held any stocks, how did the stock market crash end up collapsing the whole economy? Name and explain tw..
Illustrate what happens to output and the optimal scale of a firm, and price if there is a free entry into the market.
q.paolo currently has 100000 invested in bonds that earn him 10 percent interest per year. he wants to open a pizza
Many U.S.? cities, especially those with large populations of? renters, have rent controls. Suppose that San Francisco sets a rent control of $400 per month on? one-bedroom apartments. The rent control will create a _____ of apartments equal to______
There are not enough of four goods to satisfy the wants of people. For good A, this is true when the price is $100. This is true for good B at a price of $10, for good C at a price of $1, and for good D at a price of zero. Which situation reflects sc..
According to The Wall Street Journal, Mitsubishi Motors recently announced a major restructuring plan in an attempt to reverse declining global sales. Rental rate of Capital? Marginal productivity of labor? To minimize costs Mitsubishi should hire ca..
A solar panel has an installed cost of $2900, and it reduces the homeowners energy bill by $29 per month. The residual value of the solar panel is negligible at the end of it's 10-year life. what is the annual effective IRR of this investment
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