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Q1. Elucidate how would you advise the baker as to whether he should
(a) Employ four assistants on a Saturday;
(b) Expand his shop in that way allowing more customers to be served on a Saturday morning?
Q2. Which Fed district bank is most relevant to students? Illustrate what states are represented by this bank?
Q3. Assume which the United States is on a bimetallic standard at $35 to one ounce of gold also $3 for one ounce of silver. If new silver mines open also flood the market with silver, the two metals will circulate as before in the US since citizens could exchange their gold currency for silver currency at any time.
To determine which of the output levels represents a macroeconomic equilibrium.
He goes to his pal "Hammerhead" the loan shark who loans him $10,000 for a year. Illustrate what is true effective interest rate per year.
Calculate total economic surplus under monopoly also competition. The difference is the social cost of monopoly
Can you provide any examples of Illustrate what kind of equality could be made to offset these increased society costs
The income tax is unfair to those who work hard to earn their incomes is an example of positive economic analysis.
Winston Churchill once thought that democracy is the nastiest form of government except for all others.
decides not to play by the rules of the game. Then illustrate what could the final equilibrium position be.
How much should it raise government spending, if the government looks to raise income to 3000.
Calculate the four combinations of outputs of corn and rice for these 4 plans.
As a business owner making a final decision regarding the international aspects of a business decision, you may decide to set up a table with the risks and weigh their relative importance against the rate of return you foresee
Explain how did the marketer of which product you purchased direct each of those four elements of the marketing mix to influence your purchase?
At his current consumption basket, his marginal utility for hot dogs is 5 and his marginal utility for sodas is 3.
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