+61-413 786 465
info@mywordsolution.com
Home >> Microeconomics
Define the concept of "rational expectations". 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?
Microeconomics, Economics
Question: We said earlier that the invention of liability insurance was a precondition for the creation of value that resulted from driving. But because liability insurance also encourages drivers to take additional risk ...
Consider a competitive market for apples. Demand is given by the relation: Qd = 100 - 6P, whereas supply is given by the relation Qs = 50 + 4P. Evaluate the free market by finding the equilibrium price and quantity. Eval ...
Question: Consumer surplus is used as a measure of a consumer's net benefit from purchasing a good or service. Explain why consumer surplus is a measure of net benefit. The response must be typed, single spaced, must be ...
Question: Use standard AD-AS and IS-LM analysis to illustrate and explain the impact of a monetary expansion in the short run and in the medium run. In your answer, explain why monetary policy is effective in the short r ...
Industrialization has made America one of the greatest superpowers in the world. But that economic growth and prosperity has come with a price. In the early days of the Industrial Revolution in America factories spewed m ...
Question: A local business owner tells you economics is wrong because people do not respond to incentives. She tells you that she increased all of her employees' pay by 10 percent and they did not work any harder. Is her ...
Question: Many industries benefit in the short run from lower interest rates and an increased supply of credit availability. Nonetheless, we know from bitter experience that the attempt to hold interest rates below equil ...
Question: In fast food we often see that a single franchisee owns all the outlets in a certain area that may be as large as a city. How does this increase the value that a franchise agreement is likely to create? The res ...
Question: Topic: The Annual Budget Deficit in the US Describe the change that must occur for it to come about. Also identify the major barriers or resistance to change and how you would propose to overcome them. Finally, ...
Question: The producer of a movie has sole rights to make DVDs of it and is thus a monopolist in that particular movie. Assume that Blockbuster Video also has a near-monopoly on retail rentals. The producer could charge ...
Start excelling in your Courses, Get help with Assignment Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.
Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p
Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As
Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int
Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As