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Explain gambling from a risk-return perspective and from a Christian worldview. What is wrong (from a Biblical viewpoint) with gambling if consumers want it? Is price-discrimination always wrong? Under what conditions might it be ethically allowable?
Using present value analysis math, discuss the cost and benefit of paying for 4 years of college. Make any assumptions you want about the market interest rates. Use math and discuss. Is going to college worth it?
Suppose the marginal product of capital is 16 and the marginal product of labor is 3. If the price of capital is $4 and the wage rate is $3, then in order to minimize costs the firm should use:
Suppose the two doctors play a one-shot game-which is, they interact only once also never Once more.
Illustrate what is the (true) value of the marginal product of each black worker. Discuss the employment decision made by firms for which d = 0.2 and d = 0.8 respectively.
If it is illegal to sell food stamps, what does your analysis indicate about the potential existence of a black market in food stamps? Indicate graphically an acceptable price that your consumer would accept for his food stamps, and that someone w..
Elucidate the consumers opportunity set in a diagram. Explain how does this change alter the market rate of substitution between goods x and y.
Markets tend NOT to generate a socially desirable outcome when:
Illustrate what Do You Think About The Idea That Technological And Medical Advances Would Bring An End To Hunger, Disease, Drudgery, And Unemployment In The United States
Elucidate what could be done to encourage people to spend more so as to increase aggregate demand and, invariably, create employment possibilities.
Explain why is the index of industrial production an appropriate coincident indicator. Why is the average prime rate charged by banks an appropriate lagging indicator.
What is the difference between the Federal Reserve’s “discount rate” and the “federal funds” rate? Why is the discount rate in the US not as important in financial markets as the federal funds rate?
In the 21st century Explain how has globalization affected trade restrictions also the development of common markets
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