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The growth of economies seems to go hand-in-hand with the growth of government involvements in the economy, including the explosion of regulations. Pick an industry and discuss the role of regulations in influencing the conduct of firms in the industry
Calculate the tax incidence of the buyers and the monopolist.
Compare and Contrast the features of the retirement plans offered by Creative Games and United Manufacturing. Which plan do you think is more desirable? Why?
Explain how much pollution reduction should Appalachian Coal Mining undertake.
Compare the competitive price charged and quantity produced under perfect competition and monopoly. Other than identifying the presence of only one producer under monopoly, why do we tend to see this differential.
Consider the following simplified balance sheet for a bank. (2 pts.) Assets Liabilities Reserves $1.5 million Loans $8.5 million Deposits 10 million. If the required reserve ratio is 10%, how much in excess reserves does this bank hold?
You live in a world with two time periods. Your income is $100 in time period 1 and $150 in period 2. If the interest rate is 0.03 (3%), draw your inter temporal budget constraint. If you value current consumption 1.5 as much as future consumption at..
If purchasing power parity holds, what should be the price of that same shirt in the United States if it takes 1.145 dollars to get one euro?
Beth has plans to go to a play and already has a $50 non refundable, non exchange able, and non transfer able ticket. Now Carl, whom Beth has wanted to date for a long time, asks her to a party.
1) Which type of test was done (and would be most appropriate for this situation)? 2) What would be the hypotheses in statistical notation and in sentence form
Explain some similarities and differences between the federal court system and state court system?
Describe three problems of decentralization that occurred under the Articles of Confederation. For each problem you list, identify one solution that the Constitution provides to address the problem.
Ann’s preferences are represented by a utility function UA(x). Suppose one were to (colloquially) say that Carol has more “sensitive preferences” than Ann: her utility function UC (x) satisfies UC (x) = 2UA(x). Prove that for every choice set, Ann an..
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