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Draw the PPF's for Pat and Kris, assume the relevant time period is a 12 hour day. Show the intercepts and slopes for Pat and Kris.Pat and Kris are roommates. They spend most of their time studying (of course), but some time for their favorite activities: making pizza and brewing root beer. Pat takes 4 hours to brew a gallon of root beer and 2 hours to make a pizza. Kris takes 6 hours to brew a gallon of root beer and 4 hours to make a pizza.
Utilizing the link and the instructions to follow, create a graph of the US GDP relative to Debt from the period 1981 to 2010.
Make a brief memo advocating that the project should be chosen and also explain why.
Time Magazine and Newsweek are two competing news magazines. Suppose that each company charges the same $5.00 price for their magazines. What is the Nash equilibrium for this sequential game?
Suppose the economy is in the midst of a severe recession. Determine which of the following policies would be consistent with active fiscal policy?
How to Restore Participating and Self-Support to Free Enterprise (Harvard University Press, 197), economist Edmund Phelps. Is the Phelps' plan an improvement over current government policies? 3. The availability of investment capital is critical f..
Proponents of the managed floating exchange rate system argue that it has added the volatility needed by the exchange rate market. been effective because it is a "nonsystem" without fixed rules. been sufficiently flexible to weather major economic..
Nico Nelson, management trainee at a large New York based bank is trying to determine the real rate of return expected by investors. He notes that the 3-month T-bill currently yields 3%,
the wages of players have raised enormously, in particular the salaries of high-quality pitchers.
Under which circumstances is it best for a speculator seeking a capital gain to purchase bonds and If the market interest rates on other similar bonds decreases, you can be sure that?
Based on the Law of One Price, what is the equilibrium nominal exchange rate between the U.S. dollar and the euro? What is the equilibrium real exchange rate between the U.S. and Europe.Describe how an arbitrageur could profit from this situation.
The firms consider a collusion. Each firm knows that the other firm will cooperate as long as they have not been cheated. Once cheated, each firm will not cooperate ever again. You are firm 1. Your discount rate is 0.3. Compare the present value o..
The Great Harvest Bread Company offers their customers quantity (or volume) discounts. Specifically, if a customer consumes 8 or fewer loaves of bread per month, then the price is $4 per loaf. But if a customer consumes more than 8 loaves of bread..
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