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Question: The financial crisis of 2007-2008 is considered by many economists to be the worst financial crises since the Great Depression of the 1930s. While both economists and non-economists have debated what the actual cause of the financial crisis was, many people called for more regulation of the U.S. financial sector (one extreme example was the "Occupy Wall Street" protests).
Given that, according to data on market shares, the financial sector of the U.S. economy is not classified as competitive, do you believe that government regulation promoting competition within this sector is needed or justified? Explain why or why not in each case, and provide a brief description of what such government interference should include.
Question: Q = AKaLb when b= 0.2 and A,a,b > 0 - Does labor exhibit diminishing marginal product. Show your work.
Marc has a budget of $20 a month to spend on root beer and DVDs. The price of root beer is $5 a bottle, and the price of a DVD is $10.
That is, do you expect demand to be price elastic or inelastic? Will the product's income elasticity suggest Katrina Candies is a luxury or a necessary good?
What factors do you think must be considered by the assignee in assigning rights to subordinates in an attempt to align shareholders' interests?
Explain macroeconomic aggregates such as the GDP, inflation rate, unemployment rate, and their implications on the national economy.
What factors determine equilibrium price and quantity in a market and what policies can you suggest to cope with this problem?
Four students from your economics class are sitting in a local restaurant discussing the market for coffee. Below are quotes from each of the four students.
Intel a hip factory at their in build a $500,000,000 for They are expanding their business, and they want to new 2017.
Refer to the graphs below showing the supply of automobiles. Which of the graphs would best describe the impact of an increase in the wages and input prices firms must pay in order to produce automobiles
What is the slope of the production possibility frontier for Orange? What is the opportunity cost of producing one additional sofa for Orange? What is the opportunity cost of producing one additional lamp for Orange
How can socialization and mentoring be used to advance a career
Which of the following groups are likely to benefit from legislation substantially increasing the minimum wage? Explain why. a. unskilled workers seeking jobs but lacking experience and education b. skilled workers whose current wages are above the m..
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