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What is Bitcoin and why does it have value? Is Bitcoin money? Explain why it does or does not satisfy the three conditions it must meet to be considered money.
q.in year 1 and year 2 there are two products produced in a given economy computers and bread. suppose that there are
Some people believe that monetary policy should be made by rule rather than by discretion.
In a single year, the Netherlands can raise 100 tons of beef or produce 1,000 boxes of tulips. In the same growing season, Belgium can raise 50 tons of beef or produce 750 boxes of tulips.
Have you ever been deceived by descriptive statistics (measures of central tendency or measures of dispersion)? How did this occur, and whose “fault” was it regarding the deception?
Choose any one product that YOU hold an inelastic demand and any one product that YOU hold an elastic demand. Explain your reasoning to why your elasticity differs. Why may someone else hold a completely different elasticity?
The following is a case study using a recent event: CVS versus Walgreens: An interesting recent case involves two pharmacists CVS and Walgreens. Rather than a situation where the two indulge in a competitive battle against each other over advertising..
Several years ago, Castles in the Sand, Inc., issued bonds at face value at a yield to maturity of 5.4%. Now, with 5 years left until the maturity of the bonds, the company has run into hard times and the yield to maturity on the bonds has increased ..
How can you apply job analysis methods to your organization and what kind of HR programs can benefit from these methods?
the mainstream theory of the business cycle, is the most common source of reciession: a decrease in aggregate demand, a decrease in aggregate supply, or both.
Suppose the Fed reduces the money supply by 5 percent. (a) What happens to the aggregate demand curve? (b) What happens to the level of output and the price level in the short run and in the long run?
Suppose a ?rm’s produces computers and its associated costs are only function of the numbers of computers its produces. The cost function is given by C(y) = y3−8y2+32y. Find the long run market price that prevails if this ?rm is operating in a perfec..
Why do some countries have difficulty growing their own grains? i would think this is a matter of lack of healthy soil and nutrients.
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