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What do you think is going to happen when the economy is growing, businesses are trying to expand, and unemployment is approaching zero? When I put a "Help Wanted" sign in the window, who is likely to show up asking for a job?
Many states have passed laws known as dram shop acts under which a business or an individual can be held liable for injuries caused by persons who become intoxicated from alcohol served by the business or individual. What do you think the underlying ..
A recent paper by Summers and Fatas show that austerity policies pursued to improve the fiscal position (reduce deficits) of slow-growing economies actually worsened the fiscal position, increasing D/Y ratios. How is this possible?
The salvage value is expected to decrease by $25,000 each yearto a value of zero. Using an interest rate of 8%, determine the economic life of the press.
Which type of competitive advantage does company pursue? What factors help this company create superior customer value? Is the strategy sustainable?
Hypothetical cost and revenue curves for a computer producer. Illustrate at what price will the monopolist sell each computer.
Use the labor-leisure choice model to illustrate graphically and then explain the change in the quantity of leisure desired. Be sure to explain how the group’s labor force participation rate is affected.
In the monetarist model
Student heights are normally distributed. The mean height of students is 68.5 inches and the standard deviation is 2.5. Calculate the probability that a randomly selected student is between 69.15 inches and 74.68 inches tall.
Using key concepts discussed in the classes, explain why there is a large role of government (either local or federal) in the transportation industry in the real world. Specif-ically, what types of government policies do you expect in the industry? U..
ou are going to buy a new car worth $24,500. The dealer computes your monthly payment to be $514.55 for 60 months of financing. What is the dealer’s effective rate of return on this loan transaction?
How much do you expect to get paid for a year in the second investment to be indifferent between two investment choices? (The two investments have the same Expected Profit) What is the Risk Premium in the second choices?
Economic profit is the difference between a firm's total revenue and its. What is the difference in profit maximization between the perfect competitor and all other types of firms?
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