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Question
List three of Carla's activities for the weekend and describe how Carla could be playing a social role that is overlapping, conflicting or both in that activity. For example, she is the goalie and the assistant coach: are these overlapping, conflicting, or both?
Think about your own activities and choose one where you play a social role that could be overlapping, conflicting or both. Explain why.
Elucidate the concept of the multiplier, and explain the role of the marginal propensity to consume in determining the size of the multiplier.
Describe expansionary/contractionary discretionary fiscal policies. Describe non-discretionary fiscal policies and explain when and why they col increase a budget deficit.
What happens to the efficient allocation between public and private goods as an economy becomes wealthier? Can you think of examples of public goods, the consumption of which would increase more than proportionately to the increase in income? Less th..
The can industry is composed of two firms. Suppose that the demand curve for cans is P=100-Q where P is the price (in cents) of a can and Q is the quantity demanded (in millions per month) of cans. What are the price and output if managers set price ..
Choosing Carnegie, Ford, or Rockefeller, or a more recent major entrepreneur, write a brief essay of 2 pages highlighting the major innovations or new technology employed that created substantial wealth for their companies. Don’t worry about repeatin..
Your company has just signed a three-year nonrenewable contract with the city of New Orleans for earthmoving work. You are investigating the purchase of heavy construction equipment for this job. The equipment costs $200,000 and qualifies for five-ye..
Suppose that a biotech firm in Pittsburgh raised $113 million in an IPO. The firm received $23 per share, and the stock sold to the public for $25 per share. The firm’s legal fees, SEC registration fees, and other out-of-pocket costs were $657,500. T..
Clearly show on your graph the old equilibrium price and quantity and the new equilibrium price and quantity. Can you tell for certain whether the new equilibrium price will be higher or lower than the old equilibrium price?
Consider a series of end-of-period CFs spanning 2043-2050, which increase by a fixed amount each period. The amount of the first CF in the series is $90 and the increment is $77. The nominal interest rate is 1.8%; compounding occurs 9 times per year...
Iggy only consumes two goods: coffee and cigarettes. Three cigarettes can be traded for one cup of coffee in a free market, or one cup coffee can be traded for three cigarettes. Iggy initially has 12 cigarettes and 5 cups of coffees. Find an equation..
Many governments are providing Covid-19 vaccines free of charge and introducing vaccine mandates of some kind. What is it about the market for vaccines that lea
Which of the following is an example of a Federal Reserve operating target?
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