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If the deflation continued for a number of years would the mortgage company benefit? Why or why not? What would happen to the economy as a whole?
Would you assume this as an externality, and if you do, what would you suggest be done about it.
Illustrate what will be the impact on American business, in terms of how businesses create value by integrating the production and distribution of goods, serivces, and information. How would this affect your business career.
Now suppose that both a second secretary and a second computer are hired. As a result of specialization, the two secretaries together can now type 5 papers per day. Does this firm have increasing or decreasing returns to scale in the current range
Illustrate what will happen to the equilibrium level of income if investors become optimistic about the country's future and raise their investment.
A Wall Street Journal article, "As Fear of Deficits Falls, Some See a Larger Threat," describes the following threat of a high U.S. budget deficit: [T]he investors who finance our deficits by buying Treasury bonds and bills, especially the foreign..
If the gov spends $10 million giving subsidies to certain types of companies, is that money added to the category of G. What about if the gov gives a grant to a company. What about transfer payments made by the gov to the poor.
Characterize each of the following statements as true or false, and explain your answer.
Rent controls place price ceilings on rents at levels below market equilibrium rental rates for the stated purpose of making housing more affordable for low-income families. Using demand and supply analysis Who gains from rent controls Who loses
Assume an avatarian with no training can catch 1 turkey per month. How many turkeys per month can an avatarian with 5 years of training catch? With 8 years of training? With 10 years of training? With 15 years of training? (b) Assume there are 100..
After a certain point, the more hours you spend studying economics per day, the less you will learn with each added hour. D. the more hours you spend studying economics per day, the more you will learn with each added hour.
Given that an individual has paid the initial minimum charge, do you expect her to consume less than the amount to which the minimum charge entitles her? To answer this question properly, you need to superimpose some indifference curves on the sam..
The widget Industry in Anytown is a monopoly, controlled by Widget Corp. Its demand curve for the local market is given by P = 800 - 20 W Where W represents the number of widgets sold per period. The total cost function (including opportunity or i..
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