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Question: The BIG Idea Unions generally argue that the best interests of workers can be served when employees are members of a union. Do you agree or disagree with this statement? Defend your answer.
Microeconomics, Economics
Question: The US unemployment rate rose from 5.8% in 1979, which was full employment then, to a peak of 10.7% in late 1982. It then returned to a full employment rate of 5.3% in 1989. (A) Based on Okun's Law, what do you ...
Question: In 1980, the inflation rate in Italy was 21% and the unemployment rate was 4.4%. By 1998, the inflation rate in Italy had declined to 2% and the unemployment rate had risen to 12.3%. (A) What were the principal ...
Question: What would you expect to happen to the yield spread under the following circumstances? (A) An energy shock doubles the price of crude oil. (B) A major tax cut. (C) A war. (D) Credit restrictions. (E) Consumer s ...
Question: Assume that US imports have an income elasticity of 1.3 and a price elasticity of -0.5, and US exports have an income elasticity of 1.2 and a price elasticity of -0.7. They also have a ‘‘repercussion elasticity ...
Question: Many studies have shown that our sensory detection abilities decline as we grow older. Discuss the implications of the absolute threshold for marketers attempting to appeal to the elderly. The response must be ...
Question: In the 1930s the movie industry operated under a studio system, in which a performer signed with a single studio for some period and promised to appear in a certain number of movies. What might have led to the ...
Question: Regarding utility maximization, what is meant by the application of the "Equimarginal Rule" and it's relevance to the marginal principle ? Discuss the concepts of utility (total & marginal), budget constraints ...
Question: Australian are considered generally under-insured (from a personal insurance perspective). Discuss what this statement means and what are your views on how this can be addressed. The response must be typed, sin ...
Question: There are two firms with the following marginal abatement curves: MAC 1 (E 1 )=50-E 1 /4; MAC 2 (E 2 )=75-E 2 /2. Marginal damages as a function of total emissions is MD(E T )=E T /3. (a) Derive the aggregate M ...
Question: Apple Computer wants to have $2.1 billion available 5 years from now in order to finance initial production of a device that applies IOT technology for home use. The company expects to set aside uniformly incre ...
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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