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DISCUSSION
The Economic Concept of "Moral Hazard"
4 short but fascinating videos on President Andrew Jackson, as well as various U.S. founding fathers, on fearing the actions and corruptions of big bankers!!! How does this illustrate "Moral Hazard" and Sound familiar to today
1 President Andrew Jackson and Big Banks--sounds like today!!!) --(from History Channel)-https://www.youtube.com/watch?v=Knf8KA5aAjw&feature=related
2 (Also Thomas Jefferson) --- https://www.youtube.com/watch?v=3cnItVN1Gk0 and
3 https://www.youtube.com/watch?v=H7yjfI19b7s
4 (From HBO film mini series on President John Adams-- (Watch at the dinner table--George Washington, Thomas Jefferson- who had just returned from Paris, Alexander Hamilton, our first Secretary of the Treasury, and John Adams) https://www.youtube.com/watch?v=UrxKOO0nKwc
Suppose demand function has changed t0o Qd2 = 14-P. What is the new equilibrium price and quantity. Show your work
Identify the profit maximizing quantity for the firm (Q M), price (P M), Marginal Revenue (MR), and Marginal Cost (MC) at this profit maximizing quantity. e. Explain in plain English why a smaller quantity than Q M does not maximize profit.
As a manager of a financial planning company you have two financial planners, Phil and Francis. In an hour, Phil can produce either one financial statement
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The economics student knows that profit maximizing manager will produce quantity where marginal revenue equals marginal cost
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Elucidate the differences between private goods, public goods, natural monopolies, and open-access goods. Provide examples of each with your explanations.
Now, assume the ECB also employs comparably aggressive policy. Copy your results from the left graph and show on the right graph how the ECB could affect the USD/EUR exchange rate.
Let's watch a bank create money. Last Wednesday, the Bank of Numenor opened for business. The first customer, Edith, walked in the door with 100 silver coins called Thalers to deposit in a new checking account. The second customer, Max, walks in t..
We shall develop change strategies to effectively implement economic policy modifications that respond to market conditions, and improve economic performance.
Why does there always seem to be an abundance of HMO's in some areas and none in others. Should everyone be entitled to health care whether they can afford it or not Who should pay for the ones who cannot afford health care
Assume Bank A, which faces a reserve requirement of 10%, receives a $1000 deposit from a consumer.
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