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Since the U.S. dollar is the most preferred currency, why will the American dollar's position in the global exchange market last?
The 2007-2008 financial crisis, you might think, was an unpredictable one-time crash. How can we predict the next financial crisis?
What are externalities? How might they lead to overproduction? How might they lead to underproduction?
if the Fed will increase or decrease the money supply, and 4) what open market operations will the Fed conduct.
Individuals A and B are the only consumers of good X. Individual A demand for good X is given by: Q = 4 – P and individual B demand for good X is given by: Q = 8 – 2P. The supply for good X is given by MC = 3. Assume good X is a (pure) public good. G..
What are the main reasons for the existence of financial intermediaries? Define asymmetric information. What is the Asymmetric information problem of lending? Discuss the adverse selection and moral hazard problems of lending.
Take two determinants of demand, two determinants of supply and two determinants of the elasticity of demand. Explain each one of them, provide a real world example of each one, and explain what has to happen top each one of them for them to increase
How popular notion of business profit is is different from the economic profit concept? What role does the idea of normal profit play in this difference? "In the long run, profit maximizing firm will never knowingly market unsafe products. However, i..
What's the best way to describe the postwar Japanese labor market?
If supply at every price is reduced by five gallons, what will the new equilibrium price be.
The utility function for a consumer is U = XY/(X +Y), where the MUX = Y2/(X+Y)2 and MUY = X2/(X + Y)2.
A supply side economist would most likely support raising the corporate income tax. If the economy is falling below potential real GDP, which of the following would be an appropriate fiscal policy to bring the economy back to long-run aggregate suppl..
Respond to the following opinions. This is a debate. Argue and be Pro-Globalization. Responses should include both a question that asks for clarification.
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