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Do some research on the Great Depression and the New Deal. Also look up Keynesian economics. Based on your research, could the lessons learned from the New Deal and Keynesian economics be applied to today's slow economy? What was the New Deal? What is Keynesian economics?
Public goods are difficult to provide in the private market because they have the characteristics of:
Anti nuclear activists sued the AEC over the Calvert Cliffs Environmental Impact Statement. In 1971 the Federal Court (via judicial review) ruled that the AECs must do what? Why is this significant?
One morning, you are the first caller to identify a song contest hosted by a local radio station. As a prize, you won a free concert ticket worth $50. Unfortunately, the concert is the same night that you have to work at your $10/hour job. If you wen..
Two similar farms could have the same return to management but different net farm income due to:
A CFA charterholder is the Fund Manager for a non-profit organization. During a presentation regarding the restructuring of their investment portfolio's asset allocation, the Head of the Finance Committee questions the manager. As part of his resp..
Suppose you have an asset that costs $11 in time period zero and has an IRR of 18%. With a retained earning rate of 5% on your remaining $7, what is the highest loan rate that would support investing in this asset?
Explain how a "rising" American dollar will affect an American company which exports apples. Since the “meltdown” of 2008, many large companies (such as IBM) have issued more debt (corporate bonds) and used the proceeds for research and development t..
Grocer orders 100 Grade A eggs from Farmer per month at market price for a period of three years. Farmer delivers Grade A eggs every month for one year, but Grocer began rejecting the eggs claiming that the market price for eggs was too high. Does th..
Illustrate what is expected interest rate that will be charged by a bank that cannot exactly distinguish between two types but knows probabilities of each type.
Over the next three years, a firm is expected to earn an economic profit of $900,000 in the first year, $800,000 in the second year, and $700,000 in the third year. After the end of the third year, the firm goes out of business. If the risk-adjusted ..
Joseph is granted $50 a week to spend: either on energy drinks at $2.50 each or on gasoline for his car at $4.00 per gallon. Draw Joseph's opportunity set. Label his feasible set. what is the trade-off (opportunity cost) of energy drinks in terms of ..
Explain your answer statements be true at the same time. The unemployment rate in Tappania is higher now than it has been in 50 years.
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