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How would you explain the general economic interest of Donald Trump? How are his policies currently affecting the world?
Three different plans were presented to the US GAO (Government Accountability Office) by a high-technology facilities manager for operating a small weapons production facilities. Plan A would involve renewable 1-year contracts with payments of $1 mil..
Explain life-cycle model (Life-cycle hypothesis). It has been suggested that tax policy favors deductions for AGI compared to itemized deductions. Describe two ways in which deductions for AGI are treated more favorably than itemized deductions.
A price taking firm chooses its inputs to maximize long-run profits. Labor and capital are substitutes in production and both exhibit decreasing returns to scale, q(L, K) = L^(1/2) + K^(1/2) . The output price is 100 and the price of each of the inpu..
You are organizing a group of people to visit a state park for a day trip. You have to rent cars and hire drivers for the transportation. If you rent C cars, and hire D drivers, your utility function is U=min(C, D), because you have to find one drive..
Now assume that the price of good x increases to 6. Find the new optimal consumption bundle and comment on it.
Use the equation for the IS curve to discuss what happens to the IS curve in response to the following shocks. in each case provide a real world example of what might cause the shock. Increase in autonomous consumption (IE C_o increases). A reduction..
The market where business sell goods and services to households and the government is called
If you were macroeconomic policymaker, how do you balance the short-run tradeoff between inflation rate and unemployment rate? Explain. What is the historical relationship between rates of unemployment and inflation in the U.S. economy? What are the ..
q1. suppose a firm in each of the two markets listed below were to increase its price by 30 percent. in which pair
The department uses an interest rate of 8% and plans a 50-year life for either bridge. Which design has the most favorable net present worth?
Assess how different economic environments, such as boom and bustcycles, affect markets both individually and collectively. In other words, consider how economic growth or scarcity affects individual markets and how the economic environment for one m..
Explain the difference between discount bonds and premium bonds. When do bonds trade at face value? How do discount bonds behave
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