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How can firms use a commitment to achieve their preferred outcome? What is the effectiveness of commitments?
According to what we have learned in this course, what most likely explains the difference?
If the equilibrium price increases by 5% and equilibrium quantity increases by 15%, find and interpret the new price elasticities of supply and demand.
Explain the motivation of hedge funds to rely on expert networks in recent years. Describe how regulations were imposed to limit this access.
Examine the evolution of Fiscal Policy in the United States since the Great Depression. This paper will flow like a timeline that identifies major figures.
Explain what are the profits and losses of the U.S. exporting our own goods abroad? Explain what are the profits and losses of U.S. importing goods from abroad?
Recommend an actionable recommendation on Environmental Protection relating to unemployment in the Philippines.
Eliza's Bank also has $25,000 in checkable deposits. Make a correctly-labeled and complete balance sheet and determine this bank's net worth,
How do they differ from the advocacy for adopting passive rules of economic policy? Give real world examples in your answers in the context of US economy.
Describe some of the comparative advantages we have over the UK and China. How do these comparative advantages affect the types of jobs we outsource?
Since Ester Boserup's critique, have agriculture development techniques improved? How closely do the current ways resemble her proposed approaches?
The Big Mac Index was originally presented somewhat jokingly. Why do you think the Big Mac index turns out to be pretty successful after all?
Explain the impact of the new fiscal policy actions on individuals and businesses within the economy.
What are the implications of stagflation for business and policy makers. Briefly explain how the economy would adjust back to potential GDP in the long run.
Assume the final exchange rate for the Mexican peso is $0.05. Calculate the exchange rate for the dollar in terms of the peso.
Based on what you have read in this class so far, how would you describe the study of economics to a friend who asked you about it?
How does price discrimination benefit people who may have to travel economy with their wife and two children in comparison to a single man flying business class
Explain to President Drump how the Fed is structured and why this means he is unlikely to quickly force his will on them.
What are the political economy and public choice ramifications of this massive expansion and widening of power (by the Fed itself) for the future of the Fed?
Suppose oil prices jumped, how would that effect the US economy over the next year (from October 2022 to October 2023)?
This is a significant real negative shock to the economy. Explain the dilemma the Fed faces on using monetary policy to deal with this real shock.
Identify the factors that determine US exports and imports and explain why currency markets are relevant to exports and imports.
What are some of the arguments on both sides? What is the difference between a structural deficit and a cyclical deficit?
Using the information about unemployment, inflation, and trade, what is your general assessment of the country?
Regional success is dependent on a number of factors. How can they ensure continued success in adapting to their specific climate related challenges?