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Question: Suppose that the three television networks agreed that each would set aside two prime-time hours each week for quality cultural programming and also established a procedure for noncompetitive scheduling of such programs so that willing viewers would have an opportunity to watch all of the quality programs. Is there any harm to competition? Is there a legitimate justification? Should the government prosecute?
Assume that you work for the U.S. House Ways and Means Committee, and the Committee wants to create a new general definition of the term “currency."Please come up with a new definition , and explain why your new definition would be better.
The following questions are based on fixed exchange rate and/or flexible exchange rate regime from the perspective of macroeconomic policy implications in an open macroeconomic model. Assume a country is in a fixed exchange rate regime such as China...
According to the description of business fixed investment in this chapter, how would you expect a firm’s investment decisions to be affected by a sudden increase in the demand for its product? What factors would determine the speed of its reaction?
Do you think biological factors affect the criminal behavior of men and women differently or is it the same? Explain your position.
Draw the market supply and market demand in one graph. Next to it, draw the situation of one firm, with the average total cost, the marginal cost, and the price (which under perfect competition is the marginal revenue).
One character must take your viewpoint, and the other character must take the opposing viewpoint. Include each character's main opposition to the opposing view
How would you define a risk –neutral person in the context of making decisions south the health insurances? What is meant by a loading fee when considering the price of an insurance policy? Why is the loading fee a higher proportion of the premium wh..
What problem is the economy facing? Assume you are a governor on the Federal Reserve Board of Governors. What type of policy (easy money or tight money) would you recommend to fix the problem you identified in question 1? What could happen in the eco..
In the economy of Panicia, the monetary base is $1,000. People hold a third of their money in form of currency (and thus two-thirds as bank deposits). Banks hold a third of their deposits in reserve. What are the reserve-deposit ratio, the currency-d..
Say you own a farming business. Why would these Management and Leadership styles benefit a farming business?
Assume a US saver with $1,000 to place in a domestic or European bank CD. The interest rate for US and European savings equals 4%. If the saver keeps her money in the US, her return equals ____. If the saver moves her money to Europe with a forward t..
Consider an income guarantee program with an income guarantee of $5,000 and a benefit reduction rate of 40%. A person can work up to 2,000 hours per year at $10 per hour. Draw the person’s budget constraint with the income guarantee. Be sure to place..
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