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Consider Kn, the complete graph on n vertices. Explain how you calculated your answers.
A) What is the degree of each vertex?
B) How many edges does Kn have?
Derive the formulas for Purchasing power parity and Interest rate Parity in relative form. Suppose that the return on domestic bonds held by foreigners in country i are subsidized at the rate s and that returns on domestic bonds held by residents of ..
What is the major difference between a tariff and a quota? If you were the government, which one would you do when looking at imports?
Many important economic theories develop as a result of particular economic crises facing societies. Can you locate any such cases with Thomas Malthus, David Ricardo, and Karl Marx?
Output the sum of all the integers in the array and the average of all the integers in the array.
The firm need a combination of one unit of capital and two units of labor per hour to make ten units of output. The technology is such that an increase in labor has to be accompanied with an increase in capital, and a decrease in labor has to be a..
Identify and explain the means by which the Fed can affect the money multiplier. How do changes in policy carry through to the economy and compare and contrast expansionary and contractionary monetary policies.
Explain how do the principles of microeconomics which you have leaned in this course apply to other nations.
Explain why would Pepsi agree to pay such a fee. What would likely happen if there were no pouring rights on campus.
Under the terms of the swap, 6-month LIBOR is exchanged for 12% per annum (compounded semiannually). The average of the bid-offer rate being exchanged for 6-month LIBOR in swaps of all maturities is currently 10% per annum with continuous compounding
Suppose the government cuts its purchases by $120 billion. As a result, budget deficit is reduced by $40 billion, private domestic decreases by $10 billion,
Explain the level of resource misallocation comparing the outcome under the Monopoly situation with the outcome under perfect competition
Suppose we start at a position where we are at full employment. Explain what effect a contractiory fiscal policy would have on the price level and real GDP starting from full employment equilibrium. What would the effect be if we had and expansionary..
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