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What are the limits to the U.S. long-term economic growth? Is there anything that our government can do to address these limits, or would it be a bad idea to try?
Suppose that an individual with income I cares about two goods, X and Y. The price of the two goods is Px and Py. The individual has the following utility function:
Evaluate the possible impact of a decline in personal income tax on the labour market in the Pacific Island Economies.
Joan is deciding where to spend her spring break. If she goes to Cancun, Mexico, the trip will give her 9,000 utils of satisfaction and will cost her $300. If, instead, she travels to Florida, the trip will give her 5,000 utils of pleasure and w..
Country risk and currency risk are unique to international lending. In this context, please, discuss why country risk and currency risks are unique to international lending?
suppose the economy has a natural rate of unemployment of 5.a. suppose short-run output over the next four years is 1
You have calculated the expected NPV of project A to be $3,758 and that of project B to be $3,114. Can you be certain that you should recommend to your management to implement project A.
Anne and Bill must choose among three alternatives, x, y and z. strictly prefers x to y and y to z (so she also ranks x higher than z).
Are the following mergers horizontal, vertical, or conglomerate? a. Newsweek magazine and Time magazine b. Tyson Chicken and Popeye's Chicken restaurants c. CBS TV and Jerry Bruckheimer Productions (TV show producer)
Suppose that at a price of $400, 300 tickets are demanded to fly from Ithaca to Los Angeles. Now the price rises to $600, and 280 tickets are demanded. Assuming the demand for tickets is linear, find the price elasticities at the quantity-price pair ..
Define what is a change in the amount of a product that consumers will buy because of the change in price.
If the K/land ratio for Belgium is higher than that for France, what kind of products might Belgium export to France? Why?
Do you believe that business has any direct ethical duties to living beings other than humans? Do animals, plants, or ecosystems have rights What criteria have you used in answering such questions What is your own standard for determining what ob..
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