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Money and Banking project
Develop an 8 page double-spaced paper that develops your topic and brings it to a conclusion. Title page, appendices and bibliography are not to be counted in the page total for the narrative portion of the paper. Your paper should begin with a concise summary paragraph that (1) states the problem/issue/topic you have selected and (2) summarizes your position, anticipating the conclusion. The remainder of the paper should support and explain your position. The paper should include at least three graphs developed in our course and define all economic concepts used to build your argument
From California to New York, legislative bodies across the United States are considering eliminating or reducing the surcharges that banks impose on noncustomers, who make $12 million in withdrawals from other banks’ ATM machines. What would be the f..
Consider the Harrod-Domar relationship for an economy: Assume that the depreciation rate is 0. A country can only save 15 percent but wants to grow 15 percent. Assuming the ICOR is 3, the gap of ____ should be provided by foreign aid.
Essential Problems in bold: Demand with a quasi-linear utility function. Consider a consumer with the following utility function u(x1, x2) = √x1 + x2. This is an example of a Quasi-Linear utility function. Calculate the MRS for this consumer for gene..
Electric cars: Now consider the invention of cheap electric vehicles. Explain how you imagine the invention of cheap electric cars would affect the demand for gasoline? Why? Which determinant of demand or supply would be affected?
Please explain Allocative Efficiency and how the point of AE is found. i. Define it, ii. Discuss the significance of allocative efficiency relative to the model iii. Explain the 2 step process for finding the point of allocative efficiency on the PPC..
To what extent do you think differences in views between advocates of less spending on public goods and advocates of more spending can be attributed to different assessments of the marginal cost of public goods, including the increased distortions as..
Consider the following model of a very simple economy. Household saving and investment behavior depend in part on wealth (accumulated savings and inheritance). In the late 1990's many were concerned with very large increase in stock value (a form of ..
A facility engineer is looking at two proposed alternatives to install anti-pollution control equipment mandated by the State of California. Assume equal lives of 25 years, no salvage values, and interest at 25%. Make the comparison on the basis of p..
Given a point E in an IH-IS space, if r increases and q increases where is the new point (E') relative to point E? Given 4 treatments, their survival rates, and cost: Treatment Z: 50%, $3,000 Treatment Y: 60%, $4,000 Treatment X: 66%, $4,100 Treatmen..
Let the inverse demand curve for tennis classes is: P = 90 - 1.5Q. If the equilibrium price is $15, calculate the optimal quantity and the consumer surplus. If price increase to $30, calculate the optimal quantity and the new consumer surplus.
Which particular market could an economist examine using microeconomic analysis on? How would it be applied? What is the purpose of microeconmic analysis for this market and how does it help this market in particular?
Define syncretism and discuss examples of it within South Asian Islam and Hinduism. Also, after reading this chapter how can you view Islam as a "plurality of traditions" (201) rather than as a single monolithic entity?
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