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In recent years the States of Colorado and Washington have (for all practical purposes) legalized the recreational use of marijuana. Both advocates and opponents claimed that such laws would have observable effects on public revenues and expenditures, public health, criminal behavior, and other social concerns. If you wanted to empirically analyze the impacts of marijuana legalization by comparing developments in Colorado and Washington to other states, which variables would you include in your analysis?
In addition to reviewing all the course materials, you should view the movie Inside Job, which is a look at corporate accountability regarding the ongoing international financial crisis. Incorporating facts and ideas presented in the course, includin..
Suppose the Fed conducts an open market sale by selling $10 million in Treasury bonds to Acme Bank. Sketch out the balance sheet changes that will occur as Acme restores its required reserves (10% of deposits) by reducing its loans.
What is the value of a preferred stock that pays a perpetual dividend of $100 at the end of each year when the interest rate is 6 percent?
Suppose that two units of X and eight units of Y give a consumer the same utility as four units of X and two units of Y. Over this range: If the consumer obtains one more unit of X, how many units of Y must be given up in order to keep utility consta..
Elucidate how you would address each of the main problems in the organization.
q1. suppose that there are crowding-out effects and the mpc is .9. by how much must the government increase
Based upon a monthly payment, which one is a better deal on the same $9000 car? 9% interest on the full amount for 48 months, compounded monthly.
How much do you have to deposit today in order to allow 6 annual withdrawals, beginning at the end of year 17, with a first withdrawal of $1403 and with subsequent withdrawals decreasing at the rate of 2% over the previous year’s withdrawal? Assume a..
A woman went to the Bene?cial Loan Company and borrowed $9000. She must pay $350 at the end of each month for the next 30 months. What is the monthly interest rate she is paying? What effective annual interest rate is she paying?
The wage paid by a firm buying labor in a perfectly competitive market: The wage paid by a firm buying labor in a perfectly competitive market:
We have spent so much on our present office that we cannot afford to waste this money by moving now." Estimate the second partner's advice not to move downtown.
A storm destroys half the fava bean crop. Is this event more likely to hurt fava bean farmers if the demand for fava beans is very elastic or very inelastic?
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