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Evaluate a real situation between two actors; it could beany scenario: two competing businesses, two countries in negotiations, two kids trading baseball cards, you and another person involved in an exchange or anything else. Use game theory to analyze the situation and the outcome (or potential out come). Be sure to explain the incentives, benefits and risks each face. (300 words minimum)
What institutions are prerequisite for economic growth? What is the role of rule of law in economic development?
As an economist working at the International Monetary Fund, you are given the following data for Brazil: predicted per capita GDP, relative to the United States, as given by y = k1/3, is 0.56, and total factor productivity is 0.36. What is the observ..
Find out the equilibrium level of GDP. Next find the multiplier for government purchases and fixed taxes. If full employment comes at y+1800, what are some policies that would move GDP to that level.
Which of the following is unlikely to cause a reduction in lending?
Provide brief definitions of each of the following terms and expressions-Crowding out, Endogenous variable, Marginal revenue product of labour, Real exchange rate.
You took an amazing class at the U that changed your life, so now you are going to invest for your retirement. Your tax bracket is 25% federal and 5% state. Your investment is in a federally and state tax free account that earns 11% each year, what i..
Why are foreign investors more likely to invest in U.S. government bonds than in U.S. corporate bonds or? stocks?
A country club knows that each of its customers has a demand curve for golf rounds of q = 500 – p, where q is the number of rounds bought in a year and p is the price per round of golf. Furthermore, because it is so exclusive and there are not many m..
with the help of appropriate diagrams explain the following statement whether it is true false or uncertain an increase
-When increased government purchases or expansionary monetary policy does give the economy a boost, no one knows precisely how long it will take to do so. Given difficulties of timing and stabilization policy, an expansionary monetary policy intended..
A market has many small firms and one dominant firm. The market demand is Q = 100 - 5P. The dominant firm has a constant marginal cost of $6. All the smaller fringe firms combined have a supply curve given by Qs = 4P - 8.
q1. identify at least one important entrepreneur that you would consider an entrepreneurial legend and state why you
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