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Why might two presidential candidates appear to have very similar opinions during an election year even if they come from different parties?
a- they are logrolling
b- they try to appeal to the median voter
c- Repablicans and Democrats usually agree on most issues
d-They don't wish to appear relationally ignorant
e. they aim to please special interest groups.
In its rivalry with Westinghouse, General Electric instituted a "price protection" plan. This plan stated that if GE lowered its price, it would rebate the price difference to its past customers. Show that this plan makes collusion between GE and Wes..
If a producer offers a price that is below a consumer's valuation of the good, the consumer:
Demand: P=30-2Q Supply: P=4Q Equilibrium Price____ Equilibrium Quantity______ Own Price Elasticity of demand Equlilbrium______ Consumer surplus________ Producer surplus__________ Same market after $6 sales Tax
explain the statement that an individual bank has little ability to expand the money supply unless all the other banks
The Federal Reserve open market committee which meets once every 6-8 weeks to discuss monetary policy met on June 16-17 this week. Investors around the world are searching for clues about how soon and how fast the Fed will raise interest rates.
Now that we have learned that the Short-Run Phillips Curve (SRPC) shows the trade off between inflation and unemployment at the given natural unemployment rate and expected inflation rate, discuss which is worse, too much inflation or too much unempl..
Suppose that two Cournot duopolists serve the Peoria-Dubuque route, and the demand curve for tickets per day is Q=200-2p (so p=100-Q/2). Total costs of running a flight on this route are 700+40q where q is the number of passengers on the flight. Each..
Analyze the forms of aid to developing nations and determine which have the greatest and least amount of impact on a country during a natural disaster.
How much will total output increase in terms of percent? What happens to the rental price of capital? What happens to the real wage?
A firm that sells headphones at $5 the piece has two plants, one in San Diego (US) and one in Tijuana (Mexico). Both plants make the same product but workers in Tijuana make $32 per day and workers in San Diego make $64 per day. What are the Marginal..
What are the advantages and disadvantages of a currency union? Describe the theory of optimum currency areas?
Electoral College system take a country named know land that has. Suppose there are 9 small states in know land where each have 1 million people in.
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