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What is the level of output (Y )? What is the real interest rate (r)? What is the level of consumption (C)? What is the level of investments (I)?
Find the real wage w that supports the Pareto Optimal allocation you found in part (b) as a competitive equilibrium.
Find the marginal rate of transformation. Define the 2 equations needed to calculate optimal utility. What is the optimal consumption bundle?
What are the unit capital and labor requirements in each sector? What sector is capital intensive? What are the quantities produced of C and F in each country?
Then choose one cause of death from the list and provide an overview of the illness or condition using characteristics of person, place, and time.
A registered voter writes a letter to the county paper, arguing against increased military spending. What is the probability that this voter is a Democrat?
From the Chasing the Scream, why is or is not addiction, or war on drugs more broadly and appropriate topic. What insights or perspectives could economists add?
Using a AA-DD diagram. Explain the type of disturbance taht would lead to more variation in national income when the excahnge is floating rather than fixed.
What is the present discounted value of working immediately instead of going to college if the discount factor is r=(1/(1.05)?
Compute the mean and variance of the NPW for project 1 (NPW1). Calculate the probability that Project 1 is better than Project 2?
Average Return The past five monthly returns for K and Company are 5.75 percent, 5.63 percent, -.55 percent, 4.75 percent. What is the average monthly return?
What will be the New amount of Excess Reserves at BMO? What will be the amount BMO loans out in the Banking System?
Do you believe that Internet marketing will replace traditional direct marketing? Why or why not? Why is E-Commerce so successful? Be specific and support your.
Calculate the minimum efficient scale of production for each manufacturer in this industry. How many efficiently sized competitors are likely to emerge.
What price and output will Bruno choose to maximize profits? What price and output should he choose?
Calculate the profit maximizing output, q*, for Bud. Show it in a graph and label everything. Is this an economic profit or an accounting profit? Explain.
How much are Burton Cummings's explicit costs per month? How much are his implicit costs per month?
What are you going to look at in order to make your decision as to if you are going to employ that country?
If a Canadian tourist drinks German beer in a Cleveland restaurant. How will the U.S. Gross Domestic Product (GDP) be affected?
If the proportion of omniscient candidates is 0.18, what is the probability that a candidate who got the answer right in a question was guessing?
In the case of a binding price ceiling, why is the price below the equilibrium price? Isn't it possible for suppliers to increase price at the quantity traded?
As a decision maker in this firm, what would you do in the short term to improve the firm's condition and how might you do it?
Assume that the natural rate of unemployment in Canada is 4%. Draw a correctly labeled graph of the long-run Phillips curve and label it as LRPC.
How much will the constant increase, G, have to be each year at a rate of return of 18% per year?
Discuss how much money per unit would a typical consumer save each month as a result of the proposed legislation?