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1. For years now, utilities, phones companies, and cable/Internet providers have been deregulated, which, in theory, gives customers more choices. However, many consumers still only have one choice wh
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1. You decide in May that the coming summer’s corn crop will be much larger and the fall corn price consequently much lower than most people expect.A. To act on your beliefs, should you buy or shoul
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Are you speculating when you buy fire insurance on your home? Could you save money by getting together with your friends to form an insurance cooperative, thereby eliminating the necessity of paying s
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Question 1 Highlight the mistakes and/or half-truths in each of the following statements. Your answers should not exceed 10 lines each.
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a) How can use the criteria for evaluating alternative methods of government finance to assess the most important revenue proposals of the 2018/19...
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Derive the two-year household budget constraint shown in equation (7.
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Suppose that an economy's production function is Cobb-Douglas with parameter alpha=0. One way to solve B., assume numerical values, e. Assume A=1,...
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Suppose that an increase in consumer confidence raises consumers' expectations about their future income and thus increases the amount they want to...
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se in demand for a service, and a decrease in supply of the service, what impact will that have on the equilibrium price and quantity for the service?...
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Exercise 1 [4 pointsl: Below. several situations are described. For each situation, if it is a game. classify it according to the following criteria:...
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Use a graph to show the impact on the price of Japanese cars sold in the United States if the United States imposes import quotas on Japanese cars.
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ble to ignorediverifiable risk and care only about nondiversifiable risk? What about investors who put all their money into only a single risky stock?...
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Questions for a economics term paper:
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Could you please send me the solution to the following problem?
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Consider a market with three consumers, 1, 2, and 3, each of whom have identical CES preferences for some good,G,and all other goods,Y (i....
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Assume that the economy is at full employment. a) If the government offers a generous tax subsidy for new investments by the private sector, what
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che 12 8) Answer each of the questions below in short-answer format. Write your responses in complete sentences. Your answers to each question should...
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C. Based on your results in part (b), comment if free-rider problem is present in this dorm-room?
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Suppose that on January 1 the exchange rate between the U. dollar and the European Union euro was $1.40 to buy one euro. On December 31 of that...
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According to the table, when Tom and Jane get their first electric stapler their productivity increases by 240 envelopes per hour, but when they get
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The per-unit cost of an item is its average total cost (= total cost/quantity). Suppose that a new cell phone application costs $200,000 to develop...
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D = 1,500,000 - 60,000W S = 120,000W - 1,200,000 Q 4. Show on your diagram and calculate the size of the: (i) Consumer/firm surplus (ii)...
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You recently sold 200 shares of Apple stock toyour brother. The transfer was made through a broker, andthe trade occurred on the NYSE. This is an...
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Name a time you were indifferent between two goods. What were they? What made you indifferent between them?
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If the federal government for the United States outlays for transfers and purchases of goods and services divided by the gross domestic product
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The condition of scarcity means that: Question 9 options: when the government produces something, there is no opportunity cost. choices must be made...
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One view of the consumption function is that workers have high propensities to consume and capitalists have low propensity to consume.
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we are going to address whether the Fed and Alan Greenspan kept interest rates too low for too long following the 2001 recession according to two...
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Select a Government Regulation. Identify a particular government regulation of your choosing that in your opinion has either been successful or a...
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graphically illustrate and explain the impact of the following policy and explain your answer. Suppose the Bank of Canada reduces the money supply by...
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Suppose that an economy can be described by the following equations: Y=C + I + G, Y=5,000, G= 1,000, T=1,000, C = 250 + 0.75(Y-T), I = 1,000 - 50r.
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The product sells for $10 and has unit costs of $8.
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If interest rates fall in country A, other things constant, a. demand for that country"s currency will fall and the currency will depreciate b.
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High rates of inflation often result in people spending inordinate amounts of time increasing the number of transactions made to keep ahead of the...
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Err. Pt [95% Conf. The estimated regression equation is: Salary =772.4263 + 11.74613ceoten. (i) What is the expected salary of a CEO who has been
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To do this problem, you need to calculate the combined TC when finding the Perfect Competition and Monopoly solutions.
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Alchian and Demsetz (1972) agreed in general with Coase's (1937) position that using the market involved costs but took some exception to his
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On separate axes, sketch two typical production isoquants for each of the following production functions:
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Suppose the consumer price index was 100 in the year 2000 and 200 in the year 2010. If the nominal price of apples has increased from 100 to 150 over...
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Assume that a firm's total revenue is $200,000 per year. It pays workers wages of $100,000 per year and buys raw materials of $80,000 per year.
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Consider a committee of Ann, Bob, and Carol that is choosing between three alternatives, {x, y, z}. Player i's preferences are represented by the...
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Study Design In my study the null hypothesis is that Delta Airlines taxi out times = Southwest Airlines taxi out times as illustrated by the...
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Please draw the graph in the attached document. Note - the minimum wage rate is $18.93.
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(From SW 2.12) Compute the following probabilities: If Y is distributed N(1,4), find Pr(Y3) .8413 b. If Y is distributed N(50,25), find Pr(40Y52)...
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3. Explain what happens to the computer"s usage of memory when the following actions are performed in Matlab. What would be the value assigned to p?
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Suppose there are three types of individuals: high productivity (HP), medium productivity (MP) and low productivity (LP).
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"In the run-up to accession, the EU asked the newcomers from Central and Eastern Europe to phase out all discriminatory tax incentives, in particular...
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In the latter half of 2012, the worldwide musical hit Gangnam Style by South Korean K-pop singer Psy, contributed to a boost in tourism to South
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A pharmaceutical company has a monopoly on a new medicine. Under pressure by regulators and consumers, the company is considering lowering the price...
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14. What is the net benefit to all 50 residents from preserving the optimal amount of land?
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