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part asome economists have advocated replacing government deposit insurance with 100-percent reserve banking under this
consider a pure exchange economy with two consumers and two goods at some given pareto efficient allocation it is known
part athe model of the steady-state rate of unemployment assumes that the size of the labor force is fixed if the size
1 in your own words why did the debt problem occur2 is it better for our economy to allow free market forces to govern
draw a supply and demand curve combination where the imposition of a maximum price that is below the free market price
the phrase in the text human beings are self-interested not selfish means thata people are never selfishb people never
the category ldquocompensation of employeesrdquo doesnt capture the full income of labor becausea it doesnt include the
consider a bertrand oligopoly consisting of four firms that produce an identical product at a marginal cost of 180 the
assume that mayor deblasio has decided to increase the rent on rent-controlled stabilized apartments as a way to
1 which of the following is truea sellers are willing to supply more of a good or service at every price after costs
assume that gdp y is 3000 consumption c is given by the equation c 1200 03y ndash t ndash 100 r where r is the real
carolyn is given a bundle of housing and food that is on her budget constraint what has to be true about the price of
1 which of the following is a positive externalitynew car prices go down when steel tariffs are removedproduction costs
suppose that there are two firms firm a and firm b in the market for frozen rounded articulate condiments frac also
1 explain how options work in financial markets2 do you believe that six sigma continues to be successful why or why
1 explain how higher saving leads to a higher standard of living what might deter a policymaker trying to raise the
the effectiveness of any stimulus program depends ona the nature of the tax onlyb the size of the tax and spending
a monopolist sells a product in two different markets demand in the first market is q 100 minus p demand in the second
higher unemployment benifits funded by higher taxes on earning woulda decrease aggregate supply in an economyb increse
which of the following is likely to cause an outward shift of a production possibility curvea an increase in the price
if policey makers tihink that the natural rate of unemployment is lower than it really is then their policeies designed
in the long run a decrease in aggregate demand will lead to an a decrease in price and output levelsb increase in price
1 explain how a monetary policy that focuses on influencing the federal funds rate can influence other market
pay and valuetalk about the pay for the disney ceo earned 343 million in fiscal 2013 and tiger woods earned an
discuss the validity and where appropriate the invalidity of each of the following statements using examples to support