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Identify a decision you made that had important unexpected consequences. Were the consequences good, bad, or both? Should you, and could you, have done anything differently in making the decision?
Imagine back in time to pre-Internet days. Describe how you would have established communications for international trade in these time periods: 1935 and 1977.
Price elasticity of demand for two customer segments
If the price elasticity of demand for good Y is – 0.75, when there is a 30 percent increase in price, we can conclude that quantity demanded
1. What do you think will be the basic problem of financing Social Security in the next 25 to 30 years 2. What would be the benefits of an open, free market for human organs 3. What do you think of a recommendation to privatize Social Security
Suppose the market demand for pizza is given by Qd = 300 - 20P and the market supply for pizza is given by , where (per pizza): Qs = 20P - 100
If the demand for money becomes more insensitive to changes in the interest rate, equilibrium in the money sector will have to be restored mostly through changes in income. This implies a flat LM-curve.” Comment on this statement.
From the standpoint of current purchasing power (as measured by the CPI), which offer is the most attractive and why?
How high should a monopoly set its prices in order to maximize profits? When you post a response to this question, place it in the context.
Suppose Fred deposits $8,000 in cash into his checking account at the Bank of Bonzo. The Bank of Bonzo has no excess reserves and is subject to a 5 percent required reserve ratio. What is the maximum amount of deposits that can be created from Fred’s..
Jim is offered an investment opportunity with the “guarantee” that his investment will quadruple in 12 years. Assuming quarterly compounding, what is the nominal interest rate Jim is getting on this investment?
Why were the members of OPEC trying to agree to cut production? Why do you suppose OPEC was unable to agree on cutting production? Why did the oil market go into 'turmoil' as a result?
an estimate of the demand function for household furniture produced the following resultf0.0036y1.08r0.16p-0.48
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