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Clara's utility function is U(X, Y) = (X + 2)(Y + 1). If Clara's marginal rate of substitution is -6 and she is consuming 8 units of good X, how many units of good Y is she consuming?
Would it be possible to privatize the money supply in the United States completely? In doing so, what would be the primary obstacle to overcome in implementing such a policy?
A tool, often used, to determine whether to discontinue a new venture project opportunity is the feasibility analysis.
Calculate the value of the objective function over the 5-year period and which policy is best? Why?
Suppose that the level of investment is $16 billion and independent of level of total output, complete the accompanying table and estimate the equilibrium levels of output and employment in private closed economy.
Define a Business Cycle and describe what happens to Economic growth and Consumption at each stage of the cycle.
Discuss the relationship between inflation and interest rate. Do an international relationship exist, yes no HOW?
Briefly explain what a government deficit is and then outline the methods the government has available to it for financing government spending programs. What effect on the monetary base do these government deficit financing options have on the mo..
How does a generic drug differ from its brand name, previously patented equivalent Explain why the price of a brand name drug typically declines when an equivalent generic drug becomes available Explain how that drop in price affects allocative ..
Why do companies cut production when they find that their unplanned inventory investment is greater than zero? If they didn’t t cut production, what effect would this have on their profits? Why?
Describe an episode in which what appeared to be the presence of positive economic profits attracted entry to a market. It should describe the nature of the market and the circumstances surrounding the entry of new firm(s).
Suppose that all other banks hold only the required amount of reserves. If Nan Bank Inc. decides to reduce its reserves to only the required amount, by how much would the economy's money supply increase?
the Candiate of your side of the group to research and present a cohesive argument to the other side.
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