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Q1. What would happen to the money supply as well as the relationship between the monetary base as well as broader measures of money (like M1) if households decided to hold less cash (because of the advent of debit cards, for example)?
Q2. School districts have debated whether to use tournaments to reward teachers. That is, only those teachers ranking near the top in performance would get bonus pay. The alternative is to tie bonus pay to some absolute measure of performance. Discuss the merits as well as drawbacks of each approach?
Clarify the evolution of market structure as well as/or entry as well as exit in two of the following industries: Film, Calculators, Supermarkets, Online retail, Pharmaceuticals, Broadcasting, Commercial Jets, Cars, Beer, as well as Banking?
Assume the current market price of candles is such that there is a surplus.
Find the subgame perfect equilibria of the variant of the game in which the post-entry competition is a game in which each firm chooses a price, rather than an output.
Calculate the new cost earned by sellers, the cost paid by clients, as well as the equilibrium quantity sold in the market.
Why as a result of rise in exchange rate, the amount of imports fall but not as much as it does when the supply is perfectly elastic.
Provide a rational for why you feel the new target market and pricing strategy would be successful and the likely impact to the profitability of the firm.
The water is identical in the two sizes and John gets no utility from the containers themselves, only from the water.
Explain the essential distinctions among the stages-of-growth theory of development, the Structural change models of Lewis and Chenery.
Using short-run cost theory, explain the impact of this additional patient on the SAVC and SATC. Do they increase or decrease.
You will need to determine how you will measure strict gun control laws for the states and to define what types of crimes will make up the crime rate.
What is the confidence interval for the proportion of households represented at a town meeting. Survey of households in a small town showed that in 850 of 1,200 sampled households.
Suppose that the demand for orange increases. Carefully explain how the rationing function of price will restore market equilibrium.
Do you think the net effects of trade blocs are good or bad for world trade? Why? How do the efforts of the WTO relate to these trade blocs.
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