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What do you think are the most persuasive elements of your presentation? What areas could still be developed?
What would be the pros and cons of an economy of personal income tax being fully substituted with a sales tax? Please explain why.What are the pros and cons of the government not being involved in the labor market (laissez-fair)?
Assume that the number of cars arriving at a gas station within 10 minutes has a Poisson distribution with the parameter of 4.
Without any other information, what would be the average salary offered by firms? (In other words, what is the average salary in the "pooled equilibrium?")
A firm has $2,000,000 in sales, a Lerner index of 0.56, and a marginal cost of $35, and competes against 900 other firms in its relevant market. What price does this firm charge its customers? By what factor does this firm mark up its price over marg..
Evaluate the argument that monetary policy should be determined by a rule rather than discretion. How about fiscal policy?
In what ways do you think their behavior would differ from comparable doctors in a not-for-profit hospital in the US?
It is reasonable to think that technological innovations in the banking sector have lowered the transactions costs that consumers face with regard to cash management. Our theory suggests that this should lead to lower real cash balances. Yet in the d..
The economy's self-correcting mechanism tends to push the unemployment rate back to a specific rate of unemployment. How? What is the effect of supply-side inflation on the short-run Phillips curve?
Brian consumes only two goods, Chocolates and porcelaine lupines. Let X be the number of chocolates Brian consumes and Y be the number of porcelain lupines. Brian's utility function is given by U=20X^2 Y. Suppose initially that the price of chocolate..
Consider the ideal role of the government, if any, in bringing about more transparency in the market for credit protection. Provide an example of when government involvement would have helped protect investors from risks related to credit.
What are microeconomic and macroeconomic issues that are likely to affect senior day activities over the next five years? What monopolistic traits does senior day centers have? What are the major economic applications can be applied to activity cente..
During World War II, both Germany and England had plans for a paper weapon: they each printed the other's currency, with the intention of dropping large quantities by airplane. Explain why might this have been an effective weapon.
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