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A decision maker wishe to minimize the cost of producing a given level of total benefit, B = 288. The cost function is C = 6x + 3y and the total benefit is B = xy. Set up the Lagrangian adn then determine the levels of x and y at the minimum level of cost. What is the minimu value of cost?
Discuss the components of Gross National Product? How does it understate aggregate production in Third World countries where substantial economic production may be consumed directly
Using the information in the following table, estimate the average return and volatility for each stock, the covariance between the stocks
Discuss some of the damaging effects deflation has on an economy and what would be a monetary policy prescription to decrease or eliminate deflation?
Illustrate what are the effects of the current tax policy on US businesses in the short-run and in the long-run.
The market in which the assumption of continuous market-clearing seems to be LEAST applicable is the stock market, market for wheat or else.
Show the effect that reducing protection on imports will have on factor prices. Show the effect of reducing protection will have on factor prices.
The current economic situation? is the overall national economy improving or worsening? how fast? why?
Consider the decision to purchase either a 5-year corporate bond or a 5-year municipal bond. The corporate bond is a 12% annual coupon bond with a par value of $1,000. It is currently yielding 11.5%.
Illustrate what is the cost of the same basket of goods and services in 2005.
Explain how might federal deficits crowd out private domestic investment. How does this crowding out affect future living standards.
Submit an outline that which gives information on your article and the three general economic principles and the three to five macroeconomic indices you will be discussing in your project.
The minimum wage is used by governments as poverty fighting measure. The use of such means of creating equity among the masses does not always result in desired outcome.
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