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Problem: An interesting paradox called the "Paradox of Thrift" arises when households become concern about their future and attempt to increase their saving. As a consequence of such action the overall economy will suffer. Explain. Do you agree with this assessment?
$10,000 is exchanged into Swiss francs at an exchange rate of $1 = 2 SF to buy the bonds. How many dollars will the investor have after one year if the exchange rate is then $1 = 1.5 SF?
Consider economy that is above full-employment equilibrium (natural rate of output) because of an increase in AD. Prices of productive resources have'nt changed. With the help of graph
Discuss the conditions that characterize pure competition (a price taker market) and explain how and why price takers maximize profits at the quantity for which marginal cost, price, and marginal revenue are equal.
Elucidate economists use two major approaches to estimate incremental environmental costs. Which in your view likely produces the most reliable estimates.
Consider an issue in public economics of your own choosing. Provide a full background to the problem and identify the role for government (or other) in generating a solution.
An Interpretation, Princeton Essays in International Finance 64, International Finance Section, Department of Economics, Princeton University, February 1968.) Do you agree with Swoboda's interpretation?
In your paper discuss what are some problems with using GDP as a measure of the standard of living in a society? Specifically focus on how GDP accounts for the effects of production on the environment
A welfare system in which benefits take the form of cash payments to recipients is preferable to one based on the use of price subsidies on merit goods. Discuss this statement using consumer theory to illustrate your arguments.
In the keynesian cross, the consumption function is c=200+0.75(Y-T). planned investment is 100, govt purchase and tax are both 100.
Explain how have these policies affected the employment rates for your chosen industry? How have these policies affected the growth of the industry.
How do you define one person that has a comparative advantage over another if his or her opportunity cost of performing a task is lower than the other person's opportunity cost?
define the economics terms below for ..nbspnbspnbspnbspnbsp a nbspnational accounting identity.nbspnbspnbspnbspnbsp b
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