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Question 1: Most currencies, such as fiat currencies (e.g. the U.S. Dollar), have a theoretically unlimited supply, while Bitcoin has a maximum fixed supply of only 18.7 million Bitcoin in total. Given the limited supply of bitcoin, does the law of supply (when price increases (decreases), quantity supplied increases (decreases), other factors constant) does not apply to bitcoin? Explain.
Question 2: The article notes that bitcoin is effectively useless, but that this doesn't suggest it has no value. Are you a believer in the long-term value of bitcoin? What about of crypto currencies in general? Explain.
Question 3: Think of something you own (or would own) that is functionally useless, but still has a market value. Why does it have value if it's functionally useless?
Do an assessment of the governmental trade policies of SONY´S country of origin(JAPAN). How would you grade these policies on a scale of Mercantilism versus.
Compare the current yield to the yield to maturity. or which bonds is current yield closer in value to the yield to maturity? Explain.
Assume that we have Ricardian equivalence. This implies that consumption depends on ex- pected lifetime income and that individuals understand the governmentís intertemporal budget restriction. B) How is private consumption today affected.
Suppose that the substitution effect of an increase in the wage is always larger than the income effect. Suppose the economy is on the low tax side.
a. Does the MPL for both countries graph as you would expect? b. Say that country A originally had 1 unit of labor and country B had the rest. Then, migration is allowed. By how much does welfare improve?
Effectve quality management strategies are crucial for operations management. It leads to cost reduction and customer satisfaction.
Some years ago, conservation groups paid cattlemen in the Western United States to move their herds away from wild buffalo herds so that the buffalo would have more feed and would not have to compete with the cattle. What is the relevance of th..
according to the chief engineer at the zodiac company qalakb where q is the output rate l is the rate of labor input
An article in the Economist referred to the "prospect of another Lehman moment." The article noted that: "Governments are once again having to step in to support their banks." What did the article mean by another "Lehman moment"? Why might Europea..
What would efficient revenue management imply for the pricing of the Cowboys Stadium parking lot on typical game days? How about the Super Bowl? How about for the many smaller events that fill less than half the lot?
Draw using the LRAS (Long run Aggerate Supply), AD (Aggerate Demand) curves. KEYNESIAN VIEW OF LRAS CURVE
Focus 2.5 considered the viability of China's continued economic growth given the heavy dependence on exports for growth and the relatively small.
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