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How the budget affects economic activity. Describe when the government must have a budget deficit and when it should have a budget surplus.
Provide your opinion as to whether Fundamentals Drive Markets or does Confidence Drive Markets. Fundamentals determine employment, employment determines profits, and profits determine the stock price. Confidence determines wealth, wealth determines d..
Risk-averse people cut their risks by:
Kate and Alice are small-town ready-mix concrete duopolists. The market demand function is Qd = 20,000 - 200P, where P is the price of a cubic yard of concrete and Qd is the number of cubic yards demanded per year. Marginal cost is $80 per cubic yard..
imagine you are part of a strategic planning group at walmart that is considering developing a new proposed product
What are the current implications of high energy costs in the information sector and what is the potential significance of using cloud computing technologies to lower energy consumption?
a generous university benefactor has agreed to donate a large amount of money for student scholarships. the money can
What price should the firm charge if it wants to maximize its revenue?
Assume the ratio of deposits that banks hold in the form of reserves is 7 percent. Assume further that people want to hold 8 percent of their deposits in the form of cash.
the data are real us gross domestic product in billions of dollars and domestic revenue passenger miles in millions
Currently, it is difficult to sue the federal goverment unless it agrees to be sued. If the law were changed so that lawsuits (such as by victims of the collapse of the I-35W bridge) were easier, how would this change the incentives.
The net cash flows from an investment project are -$30,000 in the first year, -$20,000 in the second year, -$6,000 in the third year, $1,500 in the fourth year, $5,000 in the fifth year, $15,500 in the sixth year, and $66,000 in the 7th year. Calcula..
(i) Draw the budget constraint of a student who buys such a card before and after the scheme is introduced.
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