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1) Nokia and Ericsson plan to introduce new handheld communications devices. However, they must decide whether to use their own software standard or a common third-party-developed standard. The respective payoffs are diagrammed here. What is the likely outcome?
2) Two airlines, A and B, are deciding to choose whether Atlanta or Chicago should be their major hub. Given the diagram here, find all equilibria of this game.
Describe Mundel's Fleming's Model and state the assumptions based on the Model. Outline the prospective equations therein.
What is real mortgage interest rate in 2001, 2002, 2003 and 2004? What are the values in 2000 dollars of the Nancy's monthly mortgage payments in the year of 2001, 2002, 2003, and 2004?
monetary value of all final goods and services produced within a nation in a particular year.
Explain two strategies that you would use to persuade the Republican leadership in Congress to support the Affordable Care Act.
Illustrate what is the difference between a movement along and shift of the demand curve. Show the impact on the equilibrium price and quantity that results.
Time Magazine and Newsweek are two competing news magazines. Suppose that each company charges the same $5.00 price for their magazines. What is the Nash equilibrium for this sequential game?
The town is debating two strategies for funding this cost: (1) requiring a sticker on every bag disposed of such that the total cost of the stickers for the average number of bags per household per year would be $30 or (2) including the $30 fee in..
Assume the US economy experiences deflation. Trace through the impact on the US macroeconomic variables to the effect on the FOREX rates.
Proponents of trade liberalization which freer trade might actually improve the quality of the environment.
An increase in TFP leads to an outwards shift in labor demand (recall this from our firm analysis unit), which, as long as the upward-sloping labor supply function does not shift, leads to an increase in the real wage.
What is the implication for the expected value and standard deviation of the returns on your portfolio if you invest in N (instead of only 3) of these assets and N becomes very large?
Discuss some polices the United States government could take to increase United States economic growth? Name two or three and describe why these would encourage growth.
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