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A pure monophony buyer of a resource has a marginal value curve for the resource expressed as: MV = 100 - 0.4Q. Its average expenditure function (and also the market supply function) is:
A country which does not tax cigarettes is considering the introduction of a $0.40 per pack tax. The economic advisors to the country calculate the demand and supply curves for the cigarettes a
Explain how the current economic environment affects the exchange rate among the U.S. and the other countries. Recommend the two to three best practices for leveraging information regarding the exch
Find out how each of the business cycles contributed to the expansion of the U.S. economy continuing in 2011. Give the specific examples to support your response.
Determines the role the U.S. government has taken in the regulation of banks, as well as the history of major banking regulations, and calculate the next major regulatory move by the U.S. government
How might the expansionary monetary policy affect the extent of crowding out in the short run if Congress and the president pursue an expansionary fiscal policy at the same time as the Federal Reser
Is it possible to make a confident prediction concerning their actions and the outcome? The firms make their decision independently, and each is seeking its own maximum profit. Explain.
Assume that the residents of the Koliner spend all of their income on apple, banana, and oranges. In 2008, they buy 50 of apple for $75, 100 bunches of banana for $200, and 500 oranges for $50. In 2
Assume the position of political candidates on all issues can be ranked on a scale ranging from conservative too liberal. The more conservative a candidate, the less the quantity of public goods he
Analyzing the different approaches that might be used by the Keynesian theorists and the monetary theorists to promote the long-run macroeconomic stability.
Explain how does this affect the dollar-yen exchange rate? Drag the appropriate curve(s) to illustrate how this affects the market for Japanese yen.
An economic consulting firm has estimated the own-price elasticity for your most profitable product is -1.50. You compete with many firms offering similar products (monopolistic competition).
Discuss how might debt/equity swaps help solve the international debt problem? Point out the drawbacks and benefits from the viewpoint of the debtor country. Why do you think the debt/equit
Examines the following statement: "International policy coordination is plagued by differing institutions, national economic objectives, political climates, and the phases in the business cycle."&n
Despite only modest increase in real incomes, the U.S. Savings rate has risen to 5.4% as of August 2014. After a decade of overconsumption Americans are finally saving at the appropriate levels.
The President is concerned with satisfying American consumers as a means to boost his party's popularity for the 2016 election. Imagine serving as an advisor to President Obama.
Discuss how the paradox of thrift is related to consumer and investment spending. Provide the 3 examples for consumer and the 3 examples for investor spending in your explanation
Calculate the advantages and disadvantages of a strong and a weak dollar for American consumers? Make sure to cite the proportion of the US import-export variables in relation to explaining how thi
Find out and explain the 3 pro-market and 3 anti-march market-oriented policies presented by the Obama administration.
Briefly describe the economic costs and benefits to how the American government combats crime. Cite examples of the pros and cons. If United States is a free society, would it incarcerate a very lar
Explain briefly how it works and its applications in real life? Last, why is game theory considered to be important in the field of microeconomics? Take the Nash equilibrium as an example of game t
Discuss how does China's export-driven economy affect consumer spending in the United States? Explain what products face steep competition from East Asian imported goods? How has American consumer
Explain why are American public schools deemed to be inefficient? How do vouchers attempt to correct disincentives while also providing the incentives for fixing some of American public school prob
Discuss why the US uses the SEC and the FTC to promote the competition in the market. Calculates the costs and benefits of such governmental agencies? In your opinion, are they worth the costs for
Discuss how do market incentives and disincentives led to the growth or the eradication of poverty? Explain how is poverty measured? What seems to be the best way to life people out of poverty?