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How does self-interest help achieve society's economic goals? In what way are entrepreneurs and businesses at the helm of the economy but commanded by consumers?
Microeconomics, Economics
Question: How does the official unemployment rate change when these categories are added? What alternative measures of unemployment has the BLS created to address these limiations? The response must be typed, single spac ...
Question: 1. Explain the analogy between the intertemporal optimum of the consumer (choice between current consumption C0and future consumption C1) and the optimum of the consumer at a moment of time (choice between cons ...
Question: 1. Identify one modern technology and think about its development; In what ways has this technology changed the way you live from both a positive and negative perspective? What future changes might occur that c ...
Question: 1. Conside rthe general effect of the discount rate on the dynamic efficient allocation of a depletable resource across time. Suppose we have two versions of the two-period model discussed in Chapter 6. The two ...
Question: Melinda Gibbs would like for her descendants to be able draw $40,000 every year for ever starting 30 years from now. She has found a mutual fund that will provide her a guaranteed 10% return forever. She will m ...
Question: Mr. Jones and Mr. Smith live on a slope overlooking a lake. Mr. Jones's home is higher than Mr. Smith's, so to see the lake Mr. Jones must look past Mr. Smith's yard. Several years ago, Mr. Smith planted a tree ...
Question: Need the following question answers: How does the fact that imports vary directly with GDP affect the stability of the domestic economy? How has America been affected by this, and what are some ways that it cou ...
Question: a) Explain how an amplification mechanism may have been created from mortgage losses to the effect on the economy. What three factors may have contributed? Explain each. b) Explain the process of a financial cr ...
Question: One way to identify a related choice is by examining a firm's outputs. A firm's diversification choice becomes more related as outputs become more similar. However, will a firm that realizes scope economies fro ...
Question: Describe your expectations on finding law from anywhere in the world by use of the internet. Why is it important to have a uniform method of citation of that law? The response must be typed, single spaced, must ...
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Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
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