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Regarding deregulation: A. Explain what is meant by economic deregulation. B. Much of the empirical evidence shows that deregulation has improved efficiency in the U.S. How can deregulation improve efficiency? C. “If a little deregulation is good for society, then more is even better.” Evaluate.
Suppose that the? long-run aggregate supply curve is positioned at a real GDP level of $14 trillion in base year? dollars, and the? long-run equilibrium price level? (in index number? form) is 120.
q.in this problem we consider the differences between the competitive monopoly and cournot equilibria under the same
American firms commonly invest in securities overseas. Analyze the situation in which firms anticipate a currently weak dollar to strengthen in the near term. How would you expect this assessment to change American firms’ level of overseas investment..
1. What are the growth promoting policies prescribed by neoclassical models? 2. What are the growth promoting policies prescribed by new growth models? Give me the good explanation.
A young physician makes $250,000 per year with an annual salary increase of 2%. He is interested in buying a house. He has $130,000 in his savings account. The appraisal value for the house is $600,000. After exhaustive shopping for a mortgage, a ban..
You plan to borrow $2,000 in order to take a vacation and want to repay the loan in a year. The banker offers you the following two alternatives of repaying the loan. (1) a simple interest rate of 12% with repayments in equal instalments six months a..
Suppose a consumer's utility function is given by U(X,Y) = X*Y. Also the consumer has $288 to spend, and the price of X, Px=16, and the price of Y, Py=1: How much X and Y should the consumer purchase in order to maximize her utility? How much total u..
Illustrate wwhat is the effect on the market for one hour of babysitting services in Middling today.
The Ivy League schools defended their price-fixing arrangement (see p. 253) by arguing that their coordination assured a fair distribution of scholarship aid. Who was hurt or helped by this arrangement?
How does rational expectations affect our perceptions concerning the speed or rate at which an economy moves back to potential. What does this say about the importance of supply shocks relative to demand shocks? Explain please.
find out that the exchange rate for your U.S. dollar has decreased relative to the euro. If you were a U.S. citizen or resident, are you pleased.
Are today's loan officers and insurance agents racist? Or is the way that they calculate risk colored by race? What, according to Gregory Squires, is the mortgage gap? How do lenders, insurers, and providers of financial services benefit by denying m..
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