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Why do you think macroeconomists focus on just a few key statistics when trying to understand the health and trajectory of an economy? Would it be better to try to make use of all possible data?
Microeconomics, Economics
Quesiton: Examine Samuel Huntington's definition of revolution as quoted by Howard Handelman. Does generally known as the "American Revolution"qualify as a political revolution according to this definition? Why? Why not? ...
Question: What is the difference between a "managerialist" philosophy and a "shareholder primacy" philosophy of corporate governance? What problem was the new doctrine of shareholder primacy thought to solve? The respons ...
Question: Bricklaying is a labour-intensive activity. One Hod carrier can provide mortar for two bricklayers (A Hod carrier is a labourer who carries material for the bricklayer). If the company attempted to increase pro ...
Question - Suppose that a consumer cannot vary hours of work as he or she chooses. In particular, he or she must choose between working q hours and not working at all, where q >0. Suppose that dividend income is zero, an ...
Question: Suppose that one giant bank, the Haumongous Bank of America,held all the checking deposits of all the people, subject to a 10 percent legal reserve requirement. If Reserve increased by $1 billion, could the Hum ...
Question: Inflation and unemployment Suppose that the government believes the economy is not producing goods and services at its optimal level. In an attempt to stimulate the economy, the government increases the quantit ...
Question: Suppose there are two consumers, A and B. The utility functions of each consumer are given by: UA(X,Y) = X + Y UB(X,Y) = Min(X,Y) The initial endowments are: A: X = 2; Y = 4 B: X = 4; Y = 2 Illustrate the initi ...
Question: A house was bought for $200,000 using a 20 year mortgage at 12% interest rate. After the 120th payment it was refinanced with 6% interest rate mortgage for 10 years. What is the reduction in monthly payments? T ...
Question: There are three industrial firms in Happy Valley: Firm A- Pollution Level=70 Units Cost to reduce Pollution=$20/Unit Firm B- Pollution Level=80 Unites Cost to reduce Pollution= $25/Unit Firm C- Pollution Level= ...
Question: If you were a subsidiary manager at a multinational, what are the lessons you can draw from "being a subsidiary manager at a multinational" that can help you successfully convince the headquarters that your ide ...
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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