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Explain how the US government managed to accumulate a debt of over 14 trillion. To whom does it owe this debt? Is the debt a burden on future generations?
Explain the trade-offs between any three of these options. In other words, what will you gain, and what will you have to give up if you choose each of the three options?
Suppose that the demand function is given by x=P^-n, and the supply function by y= p^e. Determine the equilibrium price. Determine the effect on the equilibrium price of the introduction of a tax t=0.1
A small business which produces plastic vacuum-suction covers for round household dishes has monopoly that is protected through a utility patent. Market demand curve for this product is estimated to be:
What is the marginal propensity to consume in Freedonia, and what is the marginal propensity to save?
Would you assume this as an externality, and if you do, what would you suggest be done about it.
Elucidate why this information does not allow you to establish limits on the terms of trade between these two countries.
Suppose you are manager of customer service department at a bank and you want to hire customer service representatives for a newly opened bank branch.
Assume the Chinese government abandons the peg and allows the yuan to float.What would be the effect on Chinese imports and exports.
Explain how might federal deficits crowd out private domestic investment. How does this crowding out affect future living standards.
Elucidate two reasons a single minimum salary might distort the labor market for teenage workers more than it would the market for adult workers.
Elucidate the three Federal Reserve tools used to undertake a tight monetary policy.
Cronwell Enterprises has total assets of $300 million. The corporation currently has no debt in its capital structure. The company's basic earning power is 15%.
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