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After the various crises of the 1970's, the US economy recovered to some degree, but the era (1981-2008) was markedly different from the ‘golden age’. Name and discuss a few of the key distinctions between these two economic eras (NOT the crisis years of the 70s) and some of the rationales that might explain these differences. In other words, how can we explain the differences in these two periods?
How will the Fed's relatively recent authorization to pay interest
Cara has available h = 3000 hours per year for participating in the labor market and for leisure. She gets a wage w = $18 for the first 2,000 hours of work. If she works more than that, the wage on the additional hours is increased by 50%. She receiv..
Manager of a computer company plans to spend on new hardware $3.5 million in the first year with amounts decreasing by $0.2 million each year thereafter. Income of the company is expected to be $8.0 million the first year increasing by $0.3 million e..
When he took over the furniture factory three years ago [the manager] realized almost immediately that it was throwing away at least $100,000 a year worth of wood scrap.
Illustrates what happens if business taxes are reduced also the real interest rate increases
How much would you have to invest on a monthly basis to yield $1,000,000 in at your retirement i fthe return rate is 4.5% compounded monthly?
Tell me about ancient Greek Economic thought with respect to: Markets vs. the household 2) Value and Wealth 3) Private Property. What is the nature of the revolution that Heilbroner talks about in his Chapter “The Econoimc Revolution”?. What Role did..
Paula has set aside $60 monthly budget to attend plays and watch movies. She likes plays exactly three time as much as she likes movies. Draw her indifference curves.
While preparing Margaret's 20X4 tax return. John discovers an error on her 20X3 tax return, which Margaret prepared herself, in which Margaret's adjust gross income was understated by $ 10,000, roughly ten percent of her Adjusted Gross Income (AGI). ..
Why do marginal costs first fall and then begin to rise? Why are marginal costs important to a firm when making decisions to increase or decrease production?
Consider a simultaneous-move auction in which 2 players simultaneously select bids, which must be in nonnegative integer multiples of one cent.
What is the difference between the national debt and privately held federal debt? Why is the distenction between the two important?
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