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Microeconomics Term Paper
Data-driven investigation; footnoted citations 10 page paper about how legalizing marijuana will stimulate the American economy. Atleast 6 sources must be used.
Microeconomics, Economics
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Question: Farmer Brian has 3 acres of land which he farms efficiently. Each acre can support 20 apple trees. However the 3 acres differ in their ability to support orange trees. He can grow 40 orange trees on the best la ...
Question: Read the WSJ article on the attempted monopolization of the plastic clothes hanger market in this week's notes. Why does monopolization have the potential to increase prices and profitability significantly in t ...
Question: In early 1975, the government distributed $8 billion in one-time tax rebates to try to move the economy out of its most severe post-WWII recession. What impact do you think this had on consumption and saving? I ...
Question: Net Present Value (3 points total) The city of Corvallis is deciding whether or not to undertake a project to improve the quality ofthe city's drinking water. The project would require an immediate payment of $ ...
Question: Evaluate whether new nations depend of strong governments to succeed. Take a position on whether strong governments are necessary to ensure stability and prosperity for new nations. Be sure to define what makes ...
1.) The market demand function for corn is Q d = 15 -2P. The market supply function is Q S = 5P - 2.5, both measured in billions of bushels per year. The initial equilibrium price is $2.5, and the initial equilibrium q ...
Question: After the world pulled out of the Great Depression of the 1930s, many forecasters expected a repeat of that decline after World War II. Now, the chances of another depression of that duration seem extremely rem ...
Question: Congress has the choice of spending $50 billion on either space exploration or increased aid to education. Outline the arguments that would lead you to conclude which type of expenditure is more likely to incre ...
Assume that the marginal utility of Good X is strictly zero but the marginal utility for Good Y is strictly positive. What is the consumer's indifference curves look like? If the prices of both goods are positive, what ...
Question: Give some examples of third-degree price discrimination. Can third-degree price discrimination be effective if the different groups of consumers have different levels of demand but the same price elasticities? ...
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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
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