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The bar exam for lawyers is written by practicing lawyers. Why might having practicing lawyers write the exam limit the entry of new lawyers into the profession? Why might they want to limit entry?
Mr. Diamond expects to invest $1000 per year for each of the next 20 years in an investment plan that pays 10% per year, compounded annually. At the end of the 20th year, he expects to withdraw the balance in his investment plan and deposit it in a s..
We live in an environment characterized by increasing complexity in the legal and regulatory environment as efforts are made to marry concerns about social responsibility with a responsive regulatory environment.
Explain how will my family's consumption of omelets change this week and why. Chickens by the way do not respond to published prices in their decision as to lay eggs.
Consider one of these purchases: health care, a car, a time share condo. What elements are tangible vs. intangible? How do the tangible vs. intangible components contribute to your satisfaction or dissatisfaction with the consumption?
Suppose a government is able to permanently reduce its budget deficit. Use the Solow growth model to graphically illustrate the impact of a permanent government deficit reduction on the steady-state capita-labor ratio and the steady-state level of ou..
Jimmy has studied the bond market for the last century, and has determined that the real interest rate is 3.5%. He has also studied the stock market, and determined that the prevailing real growth rate of stocks is 7%. If Jimmy invests the inheritanc..
the pilots will receive options to buy 14 million shares of the firm's stock over the next 10 years. What impact do you think this new contract will have on Southwest Airlines?
Using the factor endowment theory or the Porter’s model, list 3 sources of comparative advantage for one BRIC country. How would the US fare on each of the sources you selected? China.
What happens to the demand curve for labor of a clinic if each of the following occurs: Wages increase in hospitals (no effect, outward, inward). The clinic purchases equipment that increases workers productivity [ Select ]Inward, Outward, No effectc..
How can trade liberalization exist on a nondiscriminatory basis versus a discriminatory basis? What are some examples of each?
___does not count in GDP numbers until the final product is sold. This is used to change variables from nominal to real: This gov. policy is part of the collection of policies deemed "shock absorbers." This particular policy is used for those recentl..
There are N hostages and one bad guy, who needs a password from the hostages. One by one, the bad guy asks each hostage for the password. If the hostage squeals, the game ends; otherwise, the hostage dies, and the bad guy moves on to the next hostage..
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