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She only consumes coffee and sugar together, and she only consumes in the ratio of one unit (cup) of coffee with two units (spoons) of sugar.
Draw a graph of this households budget budget. Label the intercepts and any kinks (bends) in the budget constraint.
Suppose two firms sell an homogeneous product; they compete in prices. Their respective marginal costs are MC1(q) = 10 and MC2(q) = 20. Find the prices that form an equilibrium (for simplicity and reality, assume that prices are quoted in units no sm..
Suppose its GDP grows by 1% in the next year and the budget deficit is again $100 billion. Compute its new level of national debt and its new debt-GDP ratio.
What is the Leontief paradox? Is the current US-CHINA trade war a realisation of it? If not, how should we understand the trade war?
In 2014 per capita Real GDP was $21,782 in Sweet Potato Hollow. In 2015 per capita Real GDP was $22,030 in Sweet Potato Hollow.
Discretionary monetary policy is monetary policy that is based on
You buy a bond for $1118 that pays $20 interest every 6 months. It will reach maturity in 9 years at which time it will return its face value of $1000 plus the final $20 interest payment. What is the pre-tax annual rate of return on this bond?
Suppose that the supply curve for the labour to a firm is given by L = 100w and the marginal expense of labour curve is given by MEL =L/50. If the firm acts as a monopsonist, how many workers will it hire in order to maximise profits? What wage will ..
Analyze two categories of foreign base company income - create a scenario suggesting how a U.S. domiciled multinational entity (MNE) can use a CFC to defer income using one (1) of the categories you analyzed.
a) A 200mg pill costs $0.3 and a 400mg pill costs $1. What will be in Julian's optimal consumptionbundle?
Suppose you are the manager of a California winery. How would you expect the following events to affect the market equilibrium price you receive for a bottle of wine? Please state the shift (leftward or rightward) of demand or supply.
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