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Why does the government subsidizes student loans?
What would happen as a result of lenders pulling out of this market?
Tara is considering leaving her current job, which pays $85,000 per year, to start a new company that manufactures a line of special pens for personal digital assistants. Suppose that Tara is not completely confident in her sales estimates. Assuming ..
Show all steps to solve the problem, then solve the problem using excel present value (PV) calculations showing the changes over all 8 years
(a) Assume good X is normal. Plot a graph to illustrate the income and substitution effects of an increase in PX, holding PY and I constant. (b) Now suppose X is a Giffen good. Plot a graph to illustrate the income and substitution effects of an incr..
It is possible for an economy to operate for a time with an unemployment rate less that the "natural" unemployment rate. (Also known as NAIRU
Identify and explain the incentives for entrepreneurship. Address why someone would willingly take the numerous risks associated with running a business. Also, discuss the major attributes necessary for a successful entrepreneur
Someone consumes only coke and pretzles and always consumes 4 pretzels with each cup of coke. 1) What is the cross price elasticity of demand with respect to a change in the price of pretzels? Simplify to a function of price of coke and pretzels 2) W..
If you were macroeconomic policymaker, how do you balance the short-run trade off between inflation rate and unemployment rate? Explain. What is the historical relationship between rates of unemployment and inflation in the U.S. economy? What are the..
Why is the judiciary regarded as the “least dangerous” branch of government? Citing examples of its powers and its place in history, do you agree or disagree with this assessment? Should nine unelected justices have the authority to nullify state an..
Use demand and supply analysis to carefully explain whether the following statement is true, false, or uncertain: "An increase in immigration harms domestic workers in the long run."
Illustrate what is the average value of a loyal customer (VLC) in a target market segment if the average purchase price is $50 per visit, the frequency of repurchase is 12 times per year.
When the marginal cost of producing one output is reduced when the output of another product is increased this is called:
A newspaper has a monopoly on the local news market in a town. The market demand is given by P=1.70-Q/20,000, making the marginal revenue MR=1.70-Q/10,000. The marginal cost is constant at equal to 0.80. The fixed cost is 2,000. So, the total cost is..
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