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Does a strike for a 50-cent raise make any sense? What kings of long-term benefits and/or costs result from such a strike? Draw some assumptions. Maybe the variables are what is the current wage and how long the strick will last, how much money will be lost. Are unions in the business of selling wages?
Should the Fed be independent or would we be better off with a central bank under the control of the president or Congress.
Illustrate what are the arguments in favor of trade restrictions, and what are the counterarguments. According to most economists, do any of these arguments really justify trade restrictions.
Elucidate how does each challenge the other and improve on previous work.
Moorea spends all of her income on Mochi Frozen Yogurt which costs $1 per cup. She makes $400 per month but lives in a bad neighborhood and is robbed of half her money 20% of the time. Assume YN and YR represent her consumption of yogurt in cups i..
Explain how much of input 2 does it use. Illustrate what is the most that it is willing to bribe an inspector to allow it to use another unit of input 1.
Based on current dividend yields and expected capital gains, the expected rates of return on portfolios A and B are 11% and 14%, respectively. The beta of A is .8 while that of B is 1.5. The T-bill rate is currently 6%, while the expected rate of ..
Illustrate what were the characteristics of Great Britain's economic relationship with India in the 17th and 18th centuries, How would you explain their success in their competition with the Dutch.
Determine which of the following statements regarding Gross Domestic Product is not true?
What is the effect of an increase in the quantity of money What is the difference between real variables and nominal variables Are these variables affected by the quantity of money If so, how
What is the goal of the European Union?
Is the increase in aggregate demand sustainable or does it only create an immediate impact in consumer spending Should the private sector investment follow suit with such hefty government expenditure
Find the level of production at which the two layouts are identical from a cost point of view. (b) Find the level of production at which the process layout starts being profitable. (c) Which layout is most cost-effective for a production level equal ..
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