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If you were a Moody's analyst in May of 2008, would you recommend that Moody's downgrade Iceland's Aaa soverign-debt rating? Why? Why not?
Each of the 10 firms in a competitive market has a cost function of c=25+q^2. The market demand function is q=120-p. Determine the equilibrium price, quantity per firm and market quantity.
why would china want its own currency to be undervalued relative to the u.s. dollar? how does china maintain an
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..
Suppose the wage is 100 per hour and that the consumer has 100 hours H to work with. Suppose that the MRS is given by c/l. What will the consumer’s choices of c and l be. Repeat with an upper bound of 10 hours. Repeat both parts with a ten percent fl..
Examine geographic and economic factors that affect the business environment of China when introducing Agricultural products in that country. Can i have some details about this topic?
A developing nation faces inflation rates of 2% one year, 5% in the second year, and 12.5% in the third year. Find the geometric mean of the inflation rates.
Racial also Ethnic Groups defines culture of poverty as a way of life which involves no future planning, no enduring commitment to marriage
Suppose that hospitals use nurses (N), doctors (D) to perform surgeries (Q). The production function for surgeries is: Q = F(N;D), where F(N;D) is some function that increases in N and D. Assume that the marginal products of N and D are diminishing
Pope Urban II's Speech at Clermont (1095) in Lualdi, How did urban ii appeal to his audience? Why do you think this language motivated people in the audience to join the Crusade? What did the Crusade offer them?
Now suppose that the monopolist in problem #3 can separate the two groups and charge separate, profit-maximizing prices to each group. What will these prices be? What is consumer surplus? What are total profits? If total surplus is consumer surplus p..
1. Suppose the demand for sunscreen (X) has been estimated to be ln Qx = 5 - 1.7 ln Px + 3 ln S - 3 ln Ay, where S denotes the average hours of sunshine per day and Ay represents the level of advertising for good Y.
What impact would you expect this increase in the gap in living standards between the richest and poorest to have on income elasticity today? Briefly discuss.
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