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How can we define what we are going to try and do over the next few months?
In the attached reading by Jill Lepore, what does she identify as the difficulties in writing a history of the US?
How does she employ the James Baldwin quote to drive home this point?
What are the two ways that a monopolistic competition is inefficient (economically) in the long run compared to perfect competition?
Suppose that Julia finds $50,000 in cash in a mattress that was given to her and decides to deposit all of the money into her cousin's checking account. If the assumptions of the simple deposit multiplier hold and the required reserve ratio is set at..
From 2006 to 2010, per capita real gross domestic product (GDP) in Poland grew an average of 4.71% per year. At that rate, according to the Rule of 70, in roughly how many years will the Polish economy double in size?
Why is it important to design potential alternate strategies?
The players are needed to simultaneously and independently select positive numbers. Find out the Nash equilibrium of this game.
Suppose the demand for honey is given by Q=500-4p. Also, suppose there are 80 honey producers in the market. What is the equilibrium price of honey?
Suppose investment becomes less responsive, i.e. sensitive, to changes in the interest rate. What effect will this have on the effectiveness of the fiscal policy? Specifically, what will happen to the output effects of a given change in government sp..
Therefore we surmise that the supply of educated workers shifted out faster than demand shifted out.
By what percentage did the price of eggs rise? By what percentage did the wage rise?
You decide to open a retirement account at your local bank that pays 8%/year/month (8% per year compounded monthly). For the next 20 years you will deposit $400 per month into the account, with all deposits and withdrawals occurring at the end of the..
Recall a time when you received poor service at a restaurant. How did it impact your overall experience?
a) Explain why a home equity mortgage loan can be a better source of funds for household needs than other types of consumer debt.
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