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The printing press played a huge role in the advancement of the Protestant Reformation, changing forever the way people communicate. To deepen our understanding of this topic, can you think of any other technologies that have had a similar impact on the way society interacts?
Discuss why most historians attribute the causes of the Great Depression to speculators, Wall Street, business people, and rich people. Explain why The Banking Act of 1934 (Glass-Steagall Act) was enacted, and describe the effects. Explain why FDR to..
If each nation grew at a constant rate over these years, in which year did the U.S. overtake the U.K. in terms of average income.
A home mortgage with monthly payments for 30 years is available at 6% interest. The home you are buying cost $120,000, and you have saved $12,000 to meet the requirement for a 10% down payment. What is your monthly payment? If you are transferred in ..
How serious is the threat of an onine sales tax to Amazon? How would sales be affected if Amazon were required to collect sales taxes in all states? How would profits be affected? What overall nonmarket strategy is Amazon using to deal with the sales..
Your local fast food chain with two dozen stores uses the company's internal corporate marketed department to produce signage, print ads, in-store displays, and so forth. When placing an order, store managers are assessed a chargeback (transfer price..
Show how the lottery winning affect your budget line. After winning the lottery you continue to work the same amount of hours every day. What is the income effect of the lottery gain? Now your employer increases your hourly wage. Using the income eff..
Illustrate what are influence of following changes in policies on private saving and national saving. New policy: Increase in government purchases by $100 and taxes by $80. (MPC=0.7) Estimate amount of changes.
A precise statement of the rationale for a business and a step-by-step explanation of how it will achieve its goals is a
Suppose that during the past year tv fell from $2000 to $1800 per tv sales increased from 700000 to 800000 tv. calculate elasticity of demand.
Write down an individual’s optimization problem regarding consumption of good and bad behaviors using the Bellman equation representation of lifetime utility (as we did in class). Be sure to include the budget and time constraints and any constructs ..
Susan's investment portfolio currently contains three stocks that have a total value equal to $100,000. The beta of this portfolio is 1.5. Susan is considering investing an additional $50,000 in stock that has beta equal to 3. After she adds this sto..
When a firm tries to maximize profit by segmenting the market into two groups and charging each group a different price, which group should be facing a lower price? Bundling is more profitable than traditional pricing ...
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