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What alternative approaches could have been used to deal with India's Demonetization policy to purge black money and why would have been these alternatives better?
Suppose the following table records the total output and prices for an entire economy. Further suppose the base year in the following table is 2013.
Determine the present worth of a geometric gradient series with a cash flow of $50,000 in year 1 and increases of 6% each year through year 8. The interest rate is 10% per year
What is the marginal rate of substitution (MRS) and why does it diminish as the consumer substitutes one product for another? Use examples to illustrate.
A 15-year Treasury bond as a face value of $1,000, price of $928 with a $30 coupon payment. Assume the price of this bond increases to $936 over the next year. The one-year holding period return is equal to 2.35% 5.72% 4.09% 3.40%
Suppose you are the owner-operator of a gas station in a small town. Over the past 20 years, you and your rival have successfully kept prices at a very high level. You recently learned that your rival is retiring and closing his station in two weeks...
There are 2 firms to consider here from 2 different industries. A firm in Industry A has MC of production = $100 and they know from historical experience that their Lerner index is 0.3. Determine the optimal price that both firms should be charging.
Choose an administrative agency you have learned about or encountered in the business world. Using this agency, create a scenario and walk the agency through the rulemaking process to promulgate legislation that pertains to your business sector of in..
In mid 1990s, Japan's annual money supply growth rate fell to 1-2 percent from an average annual rate of 10-11 percent in late 1980s. illustrate what effect this decline had on.
The manager of Big Oil Company in Mandeville tells investors that at the end of 2006 they had gasoline in inventory worth $446. In 2007, Big Oil produced gasoline worth $353 and sold gasoline worth $217. How much did Big Oil add to Mandeville's GDP i..
In the market for copper, we can obtain copper from two sources. The marginal cost of mining ore is MC1 = 10 + 7q1 and the marginal cost of recycling copperisMC2 =40+2q2. If the total market demand for copper is 50, what amount will come from mining ..
Discuss the International Health Economics Association (iHEA). Who are the associated member supporters? What services does it provide?
Retail sales taxes are used at the state and local level to finance general fund expenditures. In other words, the tax revenue collected via the sales tax is not tied directly tied to benefits received by each taxpayer. Retail sales tax fair?
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