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1. (Federal Reserve System)What are the main powers and responsibilities of the Federal Reserve System?
2. (Bank Deregulation) Some economists argue that deregulated deposit rates combined with deposit insurance led to the insolvency of many depository institutions. On what basis do they make such an argument?
The small city of Le Locle has been served by the same local newspaper for the last 30 years called the Le Locle Tribune. The Tribune is written in a fairly conservative style yet, the demographic of the city is comprised of avid readers of a broa..
Draw a diagram of the marginal cost and marginal revenue curves with the number of mills on the horizontal axis. Assume that government regulation restricts lake access to the profit-maximizing number of firms. Show the resource rent earned by the ..
Hardware should be broken into, at a minimum, two high-level tasks: collect requirements and procure software. These will be mainly COTS systems requiring no modifications. One engineerwill be assigned full time to monitor this task. This will all..
The provider is assumed to maximize profits. Determine the provider's equilibrium wage and how many nursing units it will hire. The provider is a monopsonist, which means it is the sole purchaser of labor in the market.
Each month, a gas station sells 4,000 gallons of gasoline. Each time the parent company refills the station's tanks, it charges the station $50 plus 70¢, per gallon. The annual cost of holding a gallon of gasoline is 30¢.
Cinema Theater has estimated the following demand functions for its movies: Daytime demand, QD = 400 - 50 PD Zighttime demand, QN = 200 - 20 PNThe marginal cost of serving another customer is $5 and its fixed costs are $100.
Assume the players are monopolists, but the teams are competitive in the labor market. Calculate the marginal revenue product of labor (MRPL) and find the equilibrium wage and quantity of labor.Find the equilibrium wage and quantity of labor.
In April Patrick receives a 5% pay increase. Meanwhile the inflation raises the price of concerts to $10.50 and the price of Celtic Springs Water to $2.10. Draw Patrick's new budget constraint and optimal consumption bundle.
What is the difference between the interest rate on one-year dollar deposits and that on one-year euro deposits (assuming no repayment risk)?
Compute the elasticity for each variable and briefly comment on what that data gives you in each case.
The cost function per t-shirt is identified to be the following: y=ln(X+1). Fixed costs associated are a step function based on area needed. For each 1000 shirts, the cost associated with storage space is $1000 .
Solve again for the price that the consumer pays
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