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In the past the U.S. Post Office had a virtual monopoly in the market for sending and receiving packages. Today they still have a monopoly on your mailbox--no one else can legally use it. What happened to the package delivery monopoly?
The more bank capital the bank holds on its balance sheet, the better off are its equity holders. Is this true, false or uncertain? Explain
Why has globalization caused more inequalities? This question is related about international economics, and why did globalization increase more inequalities in
The origins of economic development theories typically date to the writings of Malthus and Ricardo.
Compare and contrast China and U.S economic performance during the past five years. Please make use of time series data on employment, inflation, GDP, and trade balances. Tables and graphs are strongly encouraged.
Suppose that in the short run k=100. Moreover, wage of labor is w=5 and price of the product is p=10. What are the optimal units of labor?
Suppose, after collecting data on an existing firm's actual short-run ouput, the following production function is found to match the data:
Mary borrows $80,000 to buy her home. Beginning next month she will pay the lender $720 per month for the next 20 years. What is the ROR? (Hint: 20 years = 240 months. Calculate the monthly interest rate first, then multiply by 12 to obtain the annua..
Please describe three specific stereotypes and how they negatively impact the group. Focus on the stereotypes presented in this week's readings regarding Africa
Discuss and describe the effect you have on this process when you pay for your late-night pizza delivery, or your other take-out food choices, using your bank debit or credit card. What is the effect if you obtained cash from the ATM to pay for this ..
(a) Calculate the total fertility rate for the two calendar years 2020 and 2024.
Consider the Cobb-Douglas production function . a. Write this in growth-rate terms. b. Next, define this in terms of per capita growth and identify the contributions of the components of per capita growth. c. If the growth rate of capital per worker ..
Suppose that the (inverse) demand curve for Ginseng is given by P = 24 - 6Q and TC =10 + $3Q2
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