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1. What were the main causes of the real estate bubble and the ensuing financial crisis?
2. Why did the crisis spread from subprime mortgages to the entire financial sector and, ultimately, the economy?
3. How has the crisis been reflected in the United States' GDP growth rate, unemployment rate, and inflation rate? What do these figures indicate about the magnitude of the crisis?
Kent is retained by Mighty Manufacturing, Inc. to perform welding. He was specially trained in safety precautions applicable to installing replacement mufflers on automobiles including a rule against installing a muffler on any auto that had heavily ..
Illustrate and explain the changing demand for Big Mac using indifference curve and budget line.
Wal-Mart had sales of approximately $425 billion in 2012. If Wal-Mart continues to grow at the rate it has exhibited over the past fifteen years, its sales will approximate $3.0+ trillion in 2020. How likely is to occur? Why? Explain in detail the ..
According to the theory of comparative advantage, nations gain from trade because
Draw a supply and demand curve, label X & Y axis and show equilibrium. Show a shift in demand and supply, and why it has occurred (non-price determinants). Describe all changes. Show in two or more graphs and use 2 examples for each - supply and dema..
Suppose that the government and the Federal Reserve have conflicting goals. The government wants to encourage economic growth by. But the Federal Reserve wants to decrease inflation by.
If David and Ellen live in rent-controlled apartments, Illustrate what is the equilibrium cost for the non-rent-controlled apartments.
Suppose the employees of Starbucks in China are paid 8 yuan per hour and a cup of coffee is priced at 8 yuan. If Starbucks is maximising its profit, a what is the value of marginal product of labour (VMPL) per hour of the last worker employed by Star..
Riley deposits $4,000 cash in her checkable deposit at Fershur Bank. If the desired reserve ratio is 5%, Fershur Bank’s
What is the difference between customer satisfaction and customer loyalty? Why is it important to distinguish between these two concepts?
illustrate what happen to public saving, national saving and private saving.
q1. a fenway park home of the boston red sox seating is limited to 39.000. hence the number of tickets issued is fixed
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