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Using the marginal utility theory explain the consumption patten of consumers
Suppose that as the price of Y falls from $3.00 to $1.00 the quantity of Y demanded increases from 10 to 18.Compute the price elasticity of demand.
Explain briefly the advantages and disadvantages for each tool the Fed can use to manipulate the federal funds rate.
Give a brief summary of the GDP trends over that timeframe and discuss two or three events which may have caused these trends.
Illustrate what is the tolal accounting cost. Illustrate what is the total economic cost. Elucidate why these are different in this way.
7.Consider a small open economy that uses peso as a national currency and allows it to float against foreign currencies. Suppose that the price level includes the peso prices of domestic goods and the peso equivalent of the dollar prices of imp..
Suppose that the banking system has no excess reserves. Calculate the maximum amount of check-writing deposits when bank reserves total $10,000 and the reserve requirement;
A rural utility company provides standby power to pumping stations using diesel-powered generators. An alternative has arisen whereby the utility could use natural gas to power the generators, but it will be a few years before the gas is available..
Prove that a risk-averse von Neumann-Morgenstern perticular will over-insure, fully-insure, or under-insure according as the insurance is available
The following item appeared in a major daily newspaper: does this observation in fact violate laws of supply and demand.
If the government starts welfare policy which pays B to all non workers and 0 to all workers, at what value of B will Mike opt out of the labor force and go on welfare?
A paper detailing explain why the US dollar might be replaced as the nation's reserve currency by the Euro or the IMF's Special Drawing Rights.
Determine how much of the Social Security benefits must be include in income for a single individual who had $20,000 in dividend income and $5,000 in interest from tax-exempt bonds in addition to receiving $10,000 in Social Security benefits.
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