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Evaluate the importance of gold as an international asset. Discuss the historical importance of gold as an international reserve asset, including the functions it fulfilled. Finally, discuss whether the United States should return to the gold standard.
Explain how do economists distinguish between the absolute and relative sizes of the public debt. Why is the distinction important.
Assume which one company acquires all the suppliers in the industry and thereby creates a monopoly.
Use the economic perpective to explin why someone who isnormally a ligh eater at a standard restaurant may become somewhat of a gullton at a buffet-style restaurant that chares a single price for all you can eat.
What investment will you choose if your utility function were given by U(M) = M2 ? What is the certainty equivalent of the chosen investment?
All the big computer manufacturers have little "Intel Inside" logos in their television advertisement.
Discuss the new equilibrium price also quantity which result from these changes. Can you exhibit some of these changes graphically.
Can these equations be reliably estimated using OLS? Explain. Solve for the reduced-form equations of this model.
Producers will be made to pay a tax for each beer sold. Use a graph to elucidate why the tax burden will not actually fall on the people that this person wants to punish.
Elucidate Average costs are minimized when marginal costs are at their lowest point.
Illustrate what would be effect of policy described in part (c) on economy's stability over business cycle.
Explains vicious cycle of poverty. Explain the difference between the economic growth also economic developments.
Elucidate how Illustrate what the balance sheet will look like (comparison to above) if Brimstone declares a 10% stock dividend.
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