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How would you know whether a financial market was in a "boom" (as opposed to just a nice "rising market")? Apply your indicator to the US stock market from 2010. When should I have exited? If I had done that, how much money would I have given up (if I was investing, say, a $100,000 portfolio). Remember, if you say, with hindsight, that I should never have exited, give me one good reason to trust your indicator today.
Choose two countries that appear to be culturally diverse. Compare the cultures of those countries and then indicate how cultural differences influence
Explain the hedonic pricing model of job risk. As part of your discussion, explain the shape of workers' indifference curves, isoprofit curves, and the hedonic wage function.
Do increases in profits increase a firm's domestic investment? What will determine the decision?
Suppose that a firm’s long-run average total costs of producing an individual income tax return is $75 when it produces 1,000 returns and $75 when it produces 1,200 returns. For this range of output, the firm is experiencing
Consumer A values good 1 at $4,500 and good 2 at $1,500. Consumer B values good 1 at $5,000 and good 2 at $1,000. Costs are zero. Suppose the monopolist only sold the goods separately. What prices will the monopolist charge for good 1 to maximize rev..
Suppose Congress and the president decide that the best method to stimulate the economy is to cut taxes. The total amount of tax cuts approved is $300 billion and the current MPC is .80. Determine the initial fiscal stimulus and the cumulative fiscal..
If the tort system were deemed a method of social insurance rather than one of deterrence of uneconomical accidents, would awards in tort cases be on average higher or lower than under the deterrence rationale?
1. What experiences have you had interviewing people to gather information?
DL = SL in a perfectly competitive input industry or for an imperfectly competitive input industry that hires heterogeneous labor (or practices wage discrimination) but not for an imperfectly competitive input industry that hires homogeneous labor (o..
What economic and social factors influence content and accuracy of media journalism and other sources of information about society and government?
In 1975, President Ford proposed a $28 million cut in government spending and a $28 million tax cut, what is the result of the two actions on the economy? Show you work. Hint: notice that the numbers are the same - $28 million.
a. Suppose that the market for tablets is perfectly competitive. What is the price and quantity sold in equilibrium? What is the producer surplus? What is the c
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