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1. What happens when the oil runs out?
2. Does Unemployment raise when the crisis hits?
3. What happens to Oil Service Stocks?
4. Does it lead to shortages of food?
5. Are hospitals impacted?
6. Is the current modern economy dependent on oil?
Draw an arbitrary budget constraint for a person assuming that he or she receives no workers' compensation - Analyze the difference in the labor supply incentive effects of these two programs.
In the United States, if the average growth rate of nominal GDP is 2.8 percent, inflation is 1.6 percent, and population growth is 0.5 percent, what is the growth of real GDP? Per capita nominal GDP? Per capita real GDP?
Consider a population regression model with no intercept term, Derive an expression for the population slope parameter
1) Define the term or concept in a brief paragraph. 2) Relate the term to the general issue of managerial economics as well as, 3) providing an example of the term in use.
Give a numerical example to show that a monopolist's marginal revenue can be upward-sloping over part of its range.
In commercial agreements it is presumed that parties intend to be legally bound unless the parties expressly state the opposite as in a heads of agreement document?
a). Illustrate the above two games in game tables. b). For each game, find Nash equilibrium outcomes. c). For each game, is there any inefficient Nash
Assume that software purchases by businesses are treated as expenses, as they were before November 1999. Calculate GDP using three different approaches: expenditure approach, income approach, and product approach.
What is the mission and legal mandate of the Federal Reserve System? What policy tools are available to the FED to achieve their mission? What is the difference between an insolvent bank and an illiquid bank?
an alternative interpretation of ricardian equivalence?the government and the representative consumer each live for
What is the relationship between interest groups and government? How does this apply to government-created interest groups? In addition, what are the effects of bureaucrats as interest groups? Do you believe this crossover between bureaucrats and ..
Describe the economic implications for the United States of the rise of China and India as significant economic powers.
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