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I am given utility function. U=10XY^2.
a) general form of budget constraint?
b) marginal utilities given the total utility curve. that is, derive MUx and MUy.
c) find MRS.
Compare and contrast two companies that serve the HIT (Health Information Technology) market when a health care organization needs to turn to the market for applications, infrastructure, or services (for example, McKesson, Cerner, Siemens, CSC, Pe..
A person who paid $10 for an umbrella in the U.S. sees the exact same umbrella in a store in London, England for 6 British pounds. If the person could expect the real exchange rate to be 1 U.S. umbrella per 1 English umbrella, then the person could i..
Research the development of the Tata Group and its major global subsidiaries. Describe the Tata Group’s major subsidiaries and their relative global industry competitiveness. How has Tata combined product and geographic diversification? What role hav..
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Expansionary monetary or fiscal policy would most likely be effective in reducing which type of unemployment? .Frictional unemployment
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Explain how large an income tax cut is needed Alternatively Explain how much more government spending would achieve the target.
Suppose than on Monday a Big Mac cost $3.00 if the exchange rate is $1 to 85 yen how much do you need to buy a big mac cost in Japan? You waited too long before buying your big mac in Japan and then dollar depreciated by 5%. How much would you now pa..
Suppose that Mr. J ustin Bieber deposits $5,000 in his checking account at Santa Monica Bank. How does this transaction affect the monetary base? Show the T - accounts for Mr. Bieber, the bank, and the Fed.
Colin and Isabelle both have a weekly dessert budget of $20. The price of an ice cream cone is $2.50, and the price of a candy bar is $1.25. Using a Consumer Choice Theory diagram (budget line & indifference curves), show how it is possible that Coli..
From one year to the next nominal GDP rises and the GDP deflator falls. Which of the following exclusions from GDP suggests that GDP is underestimating our material well-being? Full employment is typically associated with:
Suppose that the economy that we are interested in modeling is not a small open economy, so that the macro variables that describe the external environment have to be treated as endogenous. What additional types of conditions do you think we would ha..
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