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Explain the disagreement between Libertarians and Rawlsians concerning the nature of freedom (specifically, the difference between liberty and opportunity). Explain where you stand in this debate and why. Be sure to connect your reflections to your own experiences.
A bank has $120 million in total assets, which are composed of reserves, loans, and securities. its only liabilities are $120 million in transactions deposits. The bank exactly satisfies its reserve requirement, and its total reserves equal $6 millio..
For many years, the conventional wisdom of development economics assumed an inherent conflict between the objectives of maximizing output growth and promoting rapid industrial employment growth.
Draw a graph representing the Rochester ice market before the storm and label it carefully. What was the equilibrium price for the Rochester ice market before the storm? And the total quantity of ice traded?
"Most of the firms spend considerable amounts of money on advertisement". Explain advertising elasticity of demand and its practical applications in this context.
What would happen if the government chooses to increase the number of years that a firm can enjoy patent protection from 20 years to 25 years? Why does the government grant patents to companies that research new drugs? Discuss both the pro and con.
Assume an employer offers a base wage of twenty dollar per hour for the 1st 40-hours of a work each week and overtime pay of thirty dollar per hour for any hours beyond forty per week,
John has a job that requires him to travel 3 of every 4 weeks.He has an annual budget and can travel either by train or by plaine Graphically illustrate john's budget line.
Supply-side economics, during President Reagan’s administration, involved the supply component of the supply-demand equation. stressing the importance of tax cuts for businesses.or else.
Mr. Capon is a butcher who recently increased price of steak at his market from $1:50 pound to $2 a pound. Correspondingly his sales dropped from 200 pounds a day to 100 pounds a day.
Walmart has any special foreign exchange problems resulting from its strategic stance payment in USD, and what alternative policies the company could adopt in the event of such problems.
The quantity theory states that the impact of money on nominal GDP can be determined without details about the aggregate demand curve, so long as the velocity of money is predictable.
Write a book review on Kaisha, the Japanese Corporation by James C. Abegglen and George Stalk Jr. 1986 Basic Books, New York.
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