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Analyze a financial crisis (Asian crisis of 1997, or the Brazilian crisis of 1999, or the debt crisis of 1982) with regard to the causes of the crisis, behavior of lenders.
Show how the consumer's opportunity set changes if income increases by $400. How does the $400 increase in income alter the market rate of substitution between goods X and Y?
If the price level recently fell by 5% in Canada while increasing by 20% in Europe, how much must the x-rate change if PPP holds?
Which were the best and worst decades in terms of x-rate volatility? To answer this question, calculate the standard deviations for each available decade (e.g., the 50s, the 60s, etc.).
Calculate monthly changes and plot the new series. Does the magnitude of the changes in the index increase or decrease towards the end of the sample period?
If the CPI was 110 last year and is 121 this year, what is this year's rate of inflation? In contrast, suppose that the CPI was 110 last year and is 108 this year. What is this year's rate of inflat
Institutionalized, 120; not in labor force, 150; unemployed, 23; parttime workers looking for full-time jobs, 10. What is the size of the labor force? What is the official unemployment rate?
Decline in the size of the labor force? Why is a positive unemployment rate-one more than zero percent-fully compatible with full employment?
Find the equillibrium price and quantitiy that will prevail in the market. At a price of $10, would there be a surplus or shortage? if so, how much?
The gasoline tax adds 30 percent to the supply price, are there any additional costs or benefits due to this shift? If so, how large are they?
The impoverished suburbs. According to the commentary, which of the following aspects of French labor policy marginalize young, less qualified workers?
where Q_s is the quantity of wheat supplied (in billions of bushels), what is the equilibrium price of wheat? What is the equilibrium quantity of wheat sold? Must the actual price equal the equilibriu
If the actual price in this market were below the equilibrium price, what would drive the market toward the equilibrium?
What Should we be Doing with Welfare Policy and Why? You are asked whether current antipoverty policy meets three generally accepted goals of helping, preserving work incentives.
Can you detect any difficulties that the Federal Reserve System might encounter in implementing monetary policy?
Examine the following list of goods and services. Which goods and services should be included in Freedonian GDP in 2009, which should be excluded, and why?
Clothes that you use. (a) How did this "third-party-payer system" affect your behavior? (b) How did your parents or guardians try to limit these effects?
What is the range of y that would make this an effective screening mechanism? What value of y survives as a solution if all firms are competing for high ability workers?
Suppose Y = zK^1/3N^2/3 Derive an expression that relates K and K'. What is its economic interpretation? Using your answer from part (a), derive an expression that relates k and k.
Draw and explain production possibility frontier for an economy that produce milk and cockies. What happen to this frontier if disease kills half of economy cows population?
Sophisticated pricing schemes for the downloaded music? Do you think that Apple's ability to control the pricing of downloaded music is likely to change in the future? Explain.
Explain why a lower price by its competitor should cause the firm to lower its own price. c.) In equilibrium, the firms set identical prices : P1=P2. Find the firms' equilibrium prices, quantities,
A mortgae for 30 years, 5.5% fixed, 0 points, with 20% downpayment or a mortgae for 20 years, 5.5% fixed, 0 pots with 20% downpayment. Which plan best fits for the person's budget.
Given a risk free rate of 3% and an expected market return of 12%, calculate the discount rate for a scale enhancing project in the hypothetical case that Quick-Link is all equity financed.
Elasticity of demand facing Global Crossing is -.857. Question: If Global Crossing had only 20% of the market, would it have a different incentive. How is this calculated?