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As a result of trade, Norway's production falls to 50,000 board feet and its consumption increases to 200,000 board feet. How many board feet of lumber does Norway now import?
In each of the two following cases, do you think that through negotiation, Ronald and Carla can find an efficient solution? What might this solution look like?
Derive the steady-state level of capital (k*) (calculate until Dk is at a level where the first 2 decimal points are 0. Did the economy (y) increase or decrease? Why do you think that happened?
Besides elections and campaigns, do the major political parties influence public values and ideas? Do you think their level of influence is appropriate? Why?
What is wage/price rigidity? Why is this important in the Keynesian view of the causes of fluctuations of output and employment?
Do rational expectations mean that individuals do not make mistakes when forming their expectations? What are the real business theorists' view of the causes of fluctuations of output and employment
Discuss the role of aggregate demand in business cycles in the monetarist, new classical, and Keynesian models.
What are the critical health challenges facing developing countries today and what measure(s) are being taken to confront these challenges? Explain your answer.
Explain why the education of girls is probably the most cost-effective development investment. Be sure to include in your answer some discussion of at least two of the following?
What measures/policies have been implemented to deal with these two issues? Once again discuss with specific examples from individual developing economies.
For the five firms in industry B the figures are 60, 25, 5, 5, and 5 percent. Calculate the Herfindahl index for each industry and compare their likely competitiveness
if the target for the federal funds rate was reduced by 475 basis points, to 1.75 percent what was its original level? Is there a connection between the federal funds rate falling and the money supply
If r is one percent, what is I? what is Y? If r is 3 percent, what is I? what is Y? If r is 5 percent, what is I? what is Y? If G increases, does the IS curve shift upward and to the right or downward
If the spot rate in 180 days is .011, do you exercise the option or let it expire? What was your dollar gain or loss from holding the option contract?
Assuming that the exchange rate remains unchanged, how much does your firm expect to receive in U.S. dollars?
What other suppliers might face a downward-sloping demand curve and what implications does this have for their advertising budget as compared to suppliers with horizontal demand curves?
Given the role of the fed in our economy how can the fed use the tools that it has to influence an econonmy that it is in recession?
Do these types of pricing strategies result in cutthroat competition and zero economic profits? If so, suggest an alternative pricing strategy that will permit these firms to earn positive economic pr
Elasticity of money demand is relatively high and interest elasticity of money demand is relatively low'. Use appropriate diagram(s) to explain why you agree or disagree with this statement.
Draw the firm's bid-rent curve for land for different distances from the beltway, from a distance zero to five miles.
How do barriers to entry impact the level of competition in a market? What might happen to market price as greater barriers to entry come into existence?
Companies many times have to adjust for external factors over which they have little or no control. Discuss how your topic may be affected by changes in the following external market influencers:
The bartender, spend $25,000 a year for supplies, and the utilities billl is $9,500 a year. To cover the start-up costs, she used up all of her savings which earned $4,600 in interest. What are impl
Derive values of these two wages that will ensure that the skilled will want to work for your company while unskilled workers will be indifferent between working for your firm or any other firm. Sho
the following payoff matrix shows the profits per year for each company resulting from the interaction of their strategies. Briefly explain whether Wal-World has a dominant strategy.