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What are Eugene Fama's main ideas for denying that financial bubbles exist? What arguments would you use to dispute his ideas?
Using appropriate graphs, illustrate what happens to: Consumer surplus, Producer surplus and Total surplus in each
What are examples of fiat money and supply shock and what are types of money for macroeconomics? Please answer the following problem.
The Trump Administration, with the approval of Congress, enacted significant tax cuts without any commensurate revenue enhancements.
A competitive market has 30 identical firms each with a short-run cost of SC(q) = 3/2q2 + 15q + 150. The market demand for the good is P =105 – 1/5QD. Find the equation for the market supply curve P = S(QS) and use that to find the equilibrium price...
What are the two properties of public goods? List an example of both public and private goods, andindicate whether each of them possess these two qualities. Explain why or why not.
You have insider knowledge and many contacts at a large number of the academic publishers of electronic journals. You also have experience from the academic library side of the business. So, you have decided that you want to use today’s computing res..
Calculate the effects on consumer surplus and on producer surplus in micronia when a tariff of MC$2 per pound levied on imports instead of the above-mentioned.
Brenna's bakery makes the tastiest chocolate chip cookies in Silver Spring. Brenna sells her cookies for $5 a dozen at her store. To make the cookies she needs $1 worth of flour, $0.50 worth of sugar, $1 worth of chocolate chips and $0.25 for all the..
Word problem: Lucy wants to know how her fourth-grade daughter, Monica, scored on a test of reading comprehension compared to the population of other fourth
How much do you have to deposit today in order to allow 5 annual withdrawals, beginning at the end of year 8, with the first withdrawal of $1000 with subsequent withdrawals decrease at the rate of 5% over previous year’s withdrawal? The interest rate..
What is the point elasticity of demand at equilibrium? What is the marginal revenue at equilibrium?(use equation connecting MR and P) If marginal cost is constant $8 dollars, should we keep producing and selling? until which point we can keep produci..
Assume a firm produces 500 units of a good by using two inputs, capital and labor, whose per unit prices are $10 and $4. Assume also that the marginal physical product of the last unit of capital is 30 and the marginal physical product of the last un..
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