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Q. According to the agreement achieved by the Administration and the Congress, were there a breach of the debt ceiling (limit) because of the budget deficit, the defense budget would be automatically reduced by half. Based on the numbers you find, what's the percentage decrease in the budget deficit that will be induced by such a policy? Do you think this particular budget cutting policy helpful to curb the growing budget deficit? More generally, will such a policy benefit the country?
Explain the paradox of why new cars usually lose a large fraction of their market value the moment they are driven from the showroom. Identify the economic principle that explains this paradox.
The currency-deposit ratio has been and is likely to remain relatively stable. The ratio of non-transactions deposits to transactions deposits increased by a factor.
Why do proponents of active policy recommend government intervention to close an expansionary gap. Some economists argue that only unanticipated increases in the money.
Identify your fixed and variable costs at your fast food restaurant, and explain the changes to each of these costs, given the increased demand.
The licorice industry is competitive. Each firm produes 2 million strings of licorice every year. Total cost of strings have an average.
What steps can Congress and state legislatures take to alleviate a serious national shortage of skilled providers. Research suggests medical errors have been linked to inadequate staffing.
Identify one positive or negative supply shock in the last decade and what is the impact that the shock has had in our economy.
Now suppose your utility functioin is U= (square root)Wealth. What is the maximum you will pay for the bike check-in now.
Statistical analysis indicates that a=0.8 and b=0.3. The firm's owner claims the plant has increasing returns to scale.
Determine the impact on the economy if the central bank in U.S. used inflation targeting.
What is a one invention that had good impact on the international economy and why. What were the impacts of this invention were impact good or bad.
When design dominance is discussed, what company name comes to mind.
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