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According to some economists, Tobin's portfolio selection model suers from the following defiencies: (a) it explains the allocation of wealth between assets, but it does not explain the demand for money; (b) it implies that investors view investment in long-term assets as more risky than investment in short-term assets: this, however, is false. Discuss these shortcomings.
the new mayor has pledged to reduce air pollution and the only source of air pollution in the city are two cement
Supply a member function comes_before that tests whether one address comes before another when the addresses are compared by postal code.
Write a JavaTM GUI application using NetBeansTM Integrated Development Environment (IDE) that calculates the total annual compensation of a salesperson.
1. Summarize the courts' majority decision. Provide an analysis and explanation of the major applicable cases which provided precedent to the majority.
In late 2010 economists were debating whether the U.S. economy was in a recession. GDP seemed to be rising, yet the unemployment rate was stuck at close to 10 percent. In thinking about the economic distress experienced during a recession which is th..
Explain why firms that provide legal services or dental services only require little physical capital?
Calculate the change in the bank’s excess reserves when the required reserve ratio on checkable deposits is 14%.
What role does the ERD play in the design process? What is a weak entity? What is a composite entity, and when is it used? Provide examples of a weak entity and composite entity.
(Contractionary Gap) What does a contractionary gap imply about the actual rate of unemployment relative to the natural rate What does it imply about the actual price level relative to the expected price level
Price can be substituted for marginal revenue in the MR = MC rule when an industry is purely competitive because price minus cost equals marginal revenue. and marginal cost are the same in pure competition. is the same as average revenue.
A new tennis court complex is planned. Both alternatives will last 18 years, and the interest rate is 7%. Use present worth analysis to determine which should be selected.
Suppose a competitive market consists of identical firms with a constant lon-run marginal cost of $10. (There are no fixed costs in the longrun) The demand curve is given by q=200-p
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