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What is Rousseau's purpose in writing an autobiography? Why is truth-telling so important to him ? What does Rousseau consider best about himself, what does he praise himself for or feel good about? What does Rousseau consider worst about himself: what does he criticize himself for or feel bad about ?
Which competitive pay policy would you recommend to an employer? Why? Does it depend on circumstances faced by the employer? Which ones? What are the differences between merit pay and incentives? Why might an organization choose one or the other?
Identify the three tools available to the Federal Reserve Bank (The Fed) when conducting monetary policy. Explain whether the Fed would
The makers of Tylenol pain reliever do a lot of advertising and have loyal customers. In contrast, the makers of generic acetaminophen do no advertising, and their customers shop only for the lowest price. Assume that the marginal costs of Tylenol
Economists say that wages of most countries relative to the US are, for the most part, similar to their productivity relative to the US. Do you think US apparel manufacturers would agree with this?
When the government borrows even more to pay the interest payments, the government deficit at year t = G(t) - T(t) + iB(t-1), where G(t) is government spending at year t, T(t) is the tax revenues at year t, and B(t-1) is the amount of borrowing from ..
A subsidy on exports is, in a sense, the opposite of a tariff on imports. If a tariff lowers efficiency, would you expect a subsidy to increase efficiency or lower it? How do tariffs and subsidies compare in the way they distort trade according to co..
Consider a country that was debating whether to adopt the gold standard during the heyday of that international monetary arrangement. What difference would the level at which the price of gold was set by the central bank make for the level of economi..
A stock has a beta of 1.15, the expected return on the market is 10.9 percent, and the risk-free rate is 4.5 percent. What must the expected return on this stock be?
Consider the two good utility function: U(x,y) = y\sqrt{}x . Does this consumer believe that more-is-better for good X? Does this consumer believe that more-is-better for good Y? Does this consumer’s preferences exhibit diminishing marginal utility o..
The commercial banking industry in Canada is less competitive than the commercial banking industry in the united states
Suppose macroeconomic policy makers want to keep interest rates constant while increasing consumption in the short run when prices are fixed. Describe the mix of macroeconomic policies that can achieve this dual macroeconomic objective. Describe what..
Which of the following best supports the economic transformation from a centrally planned command econimy to a market-based economy? What kind of organization culture should a business develop in order to foster ethical behavior?
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