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Question: 1. Describe the advantages and disadvantages of microlenders that are privately owned relative to cooperatives.
2. What is yardstick competition? How does it differ from more general uses of competition? Illustrate your answer for the particular case of microlenders.
3. Describe as many situations as you can in which there is a principal and an agent in the context of microlenders. How do the examples relate to one another? Do the proposed solutions to any one of the principal-agent problems you identified help you think about solutions to the other principal-agent problems?
What happens to the federal funds rate when the Federal Reserve increases bank excess reserves and the money supply through open market operations What happens to the federal funds rate when the Federal Reserve decreases.
What is the capital-skill complementarity hypothesis? Show how the minimum wage creates unemployment in a competitive market.
Changes in real GDP serve as a better measure of the health of the economy than GDP because real GDP measures:
Draw the production possibility frontier for the Home country with cloth on the horizontal axis and food on the vertical axis. Suppose the economy is engaged in free trade and the free trade relative price of cloth is given.(a) In your PPF diagram sh..
This case discusses the bribery scandals that were unearthed at Siemens AG (Siemens) in 2006 and 2007. These scandals involved some of the company's employees bribing foreign officials to gain contracts and creating slush funds for this purpose..
Write a paper of 1,600-1,750 words in which you discuss why Blue Ocean organizations successfully create sustainable competitive advantage when other organizations fail.
Which of these four scenarios are most important today? Your answer may include more than one scenario.
Suppose movie ticket prices increased by 20% this year. Calculate the percentage change in the quantity demanded of movie theater popcorn
A new soap press purchased by the Rub-a-Dub-Dub Soap Company costs $65K. Determine the payback period in months if the press can produce 120 gross of bars.
Within the framework of production possibilities curve, discuss the pros and cons of alternative choice mechanisms with respect to the determination of price and output levels in an economy
Who are the main beneficiaries of tax-exempt industrial development bonds (which enable communities to borrow funds to re-lend to firms constructing new plants within the city).
Which of these two theories do you believe is applicable to your day-to-day life? Why do you believe this?
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