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What are some ways in which you can find the 'best' Checking, Savings, Money Market and Certificates of Deposits? What is your opinion of Credit Unions?
What is the best definition of the basket of goods and services included in the consumer price index?
What are the differences between a monetary union, a customs union, and a common market?
Nominal GDP increased from roughly $10.3 trillion in 2001 to $14.4 trillion in 2008. In the same period prices rose on average by roughly 19.78 percent. By how much did real GDP increase?
A steel company sells some steel to a bicycle company for $150. The bicycle company uses the steel to produce a bicycle, which it sells for $250. Taken together, these two transactions contribute
Suppose you have the generic demand curve. Calculate demand using the current market conditions. (Show your work) Is P1 a substitute or complement? (Why) Is P2 a substitute or complement? (Why) Is this product normal it inferior to Income? (Why)
Some healthcare providers are concerned with malpractice suits and are engaged in practicing "defensive medicine". You are expected to produce a report for your team to examine issue for investigation. What tools would be needed to further examine th..
Would you expect trade with Germany would be more inter-industry or intra-industry (factor endowments)? Why? Please find the data of imports and exports to Germany and include it with your assignment. Do the data support or contradict your hypothesis..
Two power plants are currently emitting 8,000 tons of pollution each (for a total of 1,600 tons). Pollution reduction costs for Plant 1 are given by MCR(1)=.02Q and for Plant 2 by MCR(2)=.03Q, where Q represents the number of tons of pollution reduct..
How does the Monopolies Make Production and Pricing Decisions in Economics?
A typical economy is described by the following equations: • Y = K 0.5 L 0.5 (production function) • b) s = 0.2 (saving’s rate) • c) d = 0.1 (depreciation rate) Using the Solow model, answer the following questions: a. What are the steady state value..
You hear that during the last recession in the early 1990s consumer incomes fell by 10% and the purchase of computers fell by 17%. From this you determine that: since the income elasticity of computers is positive, computers are a normal good
Highlight the mistakes and/or half-truths in each of the following statements. Answers should not exceed 10 lines each.
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