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Problem
1. Name two things that are positively correlated and two things that are negatively correlated.
2. Why is it important for a good economic model to predict cause and effect?
Underwater partnership. You are acting in a consulting capacity advising a limited partner in a real-estate partnership.
1. George has a utility function xy+2x. He has 60$ in his pocket. x cost 4$ and y costs 2$. What is the optimum bundle?
Assume Congress is considering reinstating a 10% investment tax credit in order to stimulate the economy. The bill would apply to purchases of all new capital.
What is asymmetric information and how does it create problems both before and after the transaction - what are the determinants of asset demand? What is the relationship between each of these determinants and the quantity demanded?
How did the Fed use the main tools of monetary policy to respond to the financial crisis that began in 2007? What additional programs did the Fed create and implement to facilitate its role as lender of the last resort? What was the primary purpose o..
A market has a demand curve described by P=30-Q, a supply curve described by P=16+Q, and a price ceiling of 20. Calculate the Total Surplus of the market with the price ceiling
Find the quantity of each g0od where the cost of m0n0polish is minimum
Can you explain why incumbents should or should not be allowed to recover their stranded assets? What mechanisms would you suggest for recovery? Why?
What is the difference between the two regression models and Given the preceding results, would you retain the intercept term in the first model? Why or why not?
Analyze the relationship between manufacturers and end-customers. Why may integrating the supply chain as discussed in Logistics Management and Strategy.
Abridge is to be constructed now as part of a new road. Engineers have determined that traffic density on the new road will justify a two-lane road.
Explain The role asymmetric information has in many economic transactions and The Condorcet Paradox and Arrow's Impossibility Theorem in the political economy.
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