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Consider the following utility function: U(X,Y) = max(X, 3Y)
(a) draw the indifferent curve for this utility function.(b) find the Marshalian funtions for X and Y and the corresponding indirect utility function.
Answer the following questions as these general questions pertain to the specific issue selected.The questions that you will cover with respect to your choice of broad social issue in the paper are given.
Please describe how do Keynesian and Real Business Cycle economists differ on right response to Japanese stagnation? On what sorts of issues might they be able to agree?
What is the value of the money multiplier and What are the nominal values of deposits, currency, and reserves
Explain the so called fiscal cliff and expected impact for the State of Mississippi and Mississippi Delta and for the firms herein using the key words you may have learned.
Mark Martinko has been a class A racquetball payer for the last 5-years, and one of his biggest goals is to own and operate a racquetball facility.
Discuss and explain how the development of the Internet has changed the market structure in which firms operate. Remember that, we are assuming most companies can be categorized as being in ideal competition, monopolistic competition,
Dividends $1.12 and the multiple is 15 show mathematically. Explain how long Gina has to hold the stock to justify its multiple.
Compute the four-firm concentration ratio (C4) before the merger. Show your work and round your answer to 4 decimal places.
Discusse the impact that trade restrictions such as tariffs and quota have on the price of imports.
The Obama campaign says that government spending on infrastructure and education is the best way to encourage economic growth. Is it correct to say that the Romney campaign is using a "Neoclassical" model and the Obama campaign is using a "New Gro..
Suppose that there is an "inflation scare," that is, suppose market participants increase their expectations of future inflation.
Describe why the following statement is true: It is possible for average variable cost (AVC) to rise while average total cost (ATC) declines.
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