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Suppose n people are in an ice-cream shop which sells f different flavors of ice-cream. Each person likes at least f/4 of the flavors. Prove that there must exist an ice-cream flavor that is liked by at least n/4 people.
A college graduate is $24,000 in debt from her loans. The interest rate on the debt is 0.75% each month. The monthly payments are $432.61. How many moths will it take to pay off the debt.
Assume the U.S. government wants to hold the value of the dollar at $1.00 U.S. equals 1000 Japanese yen, but finds that the value of yen is appreciating against the U.S. dollar. What would be an appropriate policy to reverse this trend?
The 2007-2008 financial crisis, you might think, was an unpredictable one-time crash. How can we predict the next financial crisis?
Sweden has a floating exchange rate. It is considered that the output is lower than the potential and there is disinflation which sometimes leads to deflation. What can the central bank do in this mode to stimulate the economy? What is the impact of ..
Laptops have also become easier and cheaper to produce as new technology has come online. Despite the shift of demand prices have fallen
1. Explain the following a. Components of the Federal Reserve System. b. Why did US establish a decentralized Federal Reserve?
critically discuss the pros and cons of this contractual arrangement vis-a-vis the alternative of outsourcing the teaching to an outside fi rm.
You are a very powerful lobbyist and have convinced your client that you can make them the only legal extractor of coal in the United States and simultaneously make coal imports illegal. What is the equilibrium price and quantity in a free market? On..
You have just invested a one-time amount of $5,000 in a stock-based mutual fund. This fund should earn (on average) 9% per year over a long period of time. How much will your investment be worth in 35 years?
If you were the risk manager charged with developing a new line of auto insurance, which market would you pursue and which ones would you not pursue?
Are firms with a high percentage of union employees more likely to go bankrupt because of the higher wages that they pay? Why or why not? If immigration is reduced, what is the impact on the wage for low-skilled labor?
Discuss and analyse the effectiveness of the fiscal and monetary policies employed in 2009, illustrating with aggregate demand-aggregate supply models.
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