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Question: What is required for a person to be considered unemployed? How is the unemployment rate computed?
Microeconomics, Economics
Question: According to the PIH, the ratio of permanent consumption to permanent income is uncorrelated with the level of income. Thus someone earning $5,000,000 per year would save the same percentage of their income as ...
Question: A largely studied portion of The Republic deals with Plato's cave allegory. The story goes something like this: You, as a person, find yourself within a cave, chained to the ground, facing a stone wall. You can ...
Quesiton: Suppose the dollar is overvalued by 20% and the Secretary of the Treasury announces that he hopes it will soon return to equilibrium. How would this announcement affect your sales if you were in the following b ...
Question: In baseball, a pitcher faces a batter. If hit, the coming pitch will produce the gamewinning run, if not the team loses. There are two types of pitch-a fastball and a curve. If the batter swings at the fastball ...
Question: There are two consumers A and B. Consumer A is willing to pay 3-2F dollars for a unit of flowers for the public square and B is willing to pay 5-5F dollars for a unit of flowers. If the cost of flowers is const ...
Question: Briefly explain whether you agree with the following statement: "The longer the period of time following an increase in the demand for apples, the greater the increase in the equilibrium quantity of apples and ...
Question: Recently, the US has been working with Caribbean nations to form a free trade zone similar to the NAFTA agreement with Mexico. The major industries to be affected are textiles and apparel. (A) How do you think ...
Participation in the labor force is much lower than it has historically been. How have government benefits, such as food stamps and housing subsidies, affected the labor-leisure choices of individuals?
Question: The head of the accounting department at a major software manufacturer has asked you to put together a pro forma statement of the company's value under several possible growth scenarios and the assumption that ...
Question: If a coal mining company would be willing to produce and sell 9 million tons a year at $150/ton, but would be willing to produce and sell 11 million tons a year at $250/ton, - calculate its price elasticity of ...
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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