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What do you think was the most important topic, or what was the most personal to you this week? How have you applied this knowledge in the past, or how do you think you will apply it in the future. Answer in a few sentences.
Have they changed your mind? Do you think what they have identified is more or less important now that you've read their post?
Suppose the firm chooses this input combination. What is the firm's short run cost function? What are the firm's fixed costs? What are the firm's variable costs?
Further suppose that the typical worker earns $210 in period 1 ad $330 in period 2; and that the interest rate is 10%. Assume the typical worker wishes to maximise their lifetime satisfaction. Is this consumer a saver or borrower? Explain.
According to the multiplier model, an increase in autonomous exports of 100 would raise the equilibrium level of income by 200.
In Buffett's Case Study 2005, "Buffett's Investment Philosophy" Warren Buffett strongly disagrees with three elements of modern finance. What are these three?
Imagine that it is the year 2199. Technology has progressed at an incredible pace. The latest discovery is the plutonium engine, which is capable of converting plutonium, a by-product of nuclear fission, into fuel to power the nuclear reactors in our..
What did the government do during 2000-2010 to either help or hinder the improvement of China's economy? Consider what policies were put in place by the government. This is where you will discuss fiscal policy, monetary policy, and supply side policy..
Describe the pros and cons of protectionism and free trade. Discuss which you feel is better for the economy? Why?
The United States purchased Alaska in 1867 for $7,200,000. Assume that federal tax revenue from the state of Alaska (net federal expenditures) is $56,500,000 in 2018 and that tax revenue started in 1868 and has steadily increased by 3% annually since..
Louisa is managing a training program for a major bank. She designs the following experiment to assess the effect of sleep on learning. A group of trainees is given a 3-hour session on some task, followed by a 2-hour test on what they have just learn..
Suppose a consumer's preferences can be described. Derive the customer's marginal rate of substitution at the point.
Proposals for modifications of the law are formulated by committees. Under the closed rule, the legislature may either accept or reject a proposed modification, but may not propose an alternative.
Explain clearly and with a graph the basic model of a customs union between the US and Mexico. Is such an arrangement always beneficial or are there conditions under which it is not. Explain
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