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Current global crisis
"If it is good for society for people to own their own homes, home ownership should be subsidised with special tax advantages or subsidies." Offer a brief critique of this statement with reference to the current global crisis*
Illustrate what is the difference among National Income, Gross National Product, and Gross Domestic Product? Why do most countries now use GDP as a measure of national output?
Prior to opening his hardware shop Bob worked as an investment banker earning $175,000 each year. He pays his employees $150,000 per year.
As the marketplace is in equilibrium, the required returns of the two stocks should be the same.
Find out an article which is related to health economics from health journal. Some possible sources include Health Affairs
Using the midpoint formula, calculate the price elasticity of demand for the following problem: Calculate the income elasticity of demand using the general formula for elasticity:
Elucidate who decides whether these particular products should continue to be produced and offered for sale. How do these decisions differ between capitalist and socialist systems.
You are a financial adviser to a U.S. corporation that expects to receive a payment of 40 million Japanese yen in 180 days for goods exported to Japan.
Assume that the following information about the economy is correct. The potential GDP is 3 percent. Real GDP has fallen at a minus two percent rate in the last 12 months.
Two identical firms face linear demand. Market demand is given by P=30-Q. Compare graphically consumer and producer surplus in Cournot and Stakelberg equilibria to perfect competition.
As what will happen if the marketplace is characterized by sticky wages.
Assume the price of the futures contract changes as shown in the following table. Enter the relevant information into the table. Show your calculations.
Illustrate what it says regarding the current state of the economy and the latest reading and trend.
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