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Question: Suppose the state of Iowa passes a law that increases the price of cigarettes by $1 per pack. As a result, residents in Iowa start purchasing their cigarettes in surrounding states. Which of the following princ ...
Question: Suppose you want to put a dollar value on the external costs of carbon emissions from a power plant. What information or data would you obtain to measure the external [not social] cost? The response must be typ ...
Question: Suppose you are playing in a championship basketball game. There are four seconds left in the game and your team is losing by two points. You have the ball and call a time out. You have two choices. You could t ...
Question: The President of the United States decides to eliminate terrorism in the Middle East and launches a massive ‘‘first strike'' against terrorist nations. Before this announcement, you had been predicting 3½% grow ...
Question: Propose two separate behaviors other than government purchases that could offset the effects of the military spending reduction on total planned expenditure. Be specific in your examples. The response must be t ...
Question: Marty McFly's utility function is given by U(L, C) = C(L+8). There are 24 hour in a day. His wage is $10/hr. and he has $20 non-labor income. a. Find the budget constraint and then the optimal number of hours h ...
The wheat market has the following supply and demand functions: QD = 98 - 4Pw+ 0.2I QS = -6 +4Pw-2Pc-Pf Where Pw is the price of wheat (per bushel), Q is the quantity of wheat in bushels, I is the average consumer's dail ...
Question: Watch Daniel Pink's talk in the Activatevideo. In a one page paper saved in MS Word, answer the questions below. 1. How might companies provide employees with a purpose motivator to solve problems? 2. What rese ...
Question: Explain why a perfectly competitive firm generally does not maximize its profit by producing the output at which average cost is minimized. The response must be typed, single spaced, must be in times new roman ...
Question: Consider two countries: South Korea and Taiwan. Taiwan can produce one million mobile phones per day at the cost of $10 per phone and South Korea can produce 50 million mobile phones at $5 per phone. Assume the ...
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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