Economics

The world\'s largest carpet maker has just completed a feasibility study of what

The world's largest carpet maker has just completed a feasibility study of what to do with the 16000 tons of overruns, rejects, and remnants it produces every year. The company's …

The world\'s largest tulip and flower market Every day over 19 million tulips an

The world's largest tulip and flower market Every day over 19 million tulips and flowers are auctioned at the Dutch market called "The Bloemenveiling" These Dutch auctions match b…

The year 1973 was a bad year for alloil-importing nations such as the United Sta

The year 1973 was a bad year for alloil-importing nations such as the United States. A war betweenIsrael and the Arab nations led to a quadrupling of oil prices bythe Organization…

The year 1973 was a bad year for alloil-importing nations such as the United Sta

The year 1973 was a bad year for alloil-importing nations such as the United States. A war betweenIsrael and the Arab nations led to a quadrupling of oil prices bythe Organization…

The year 1998 saw an unprecedented number of mega-mergers in the banking industr

The year 1998 saw an unprecedented number of mega-mergers in the banking industry: NationsBank with BankAmerica, Bank One with First Chicago NBD, and Citicorp with Travelers Group…

The year 1998 saw an unprecedented number of mega-mergers in the banking industr

The year 1998 saw an unprecedented number of mega-mergers in the banking industry: NationsBank with BankAmerica, Bank One with First Chicago NBD, and Citicorp with Travelers Group…

The year 1998 saw an unprecedented number of mega-mergers in the banking industr

The year 1998 saw an unprecedented number of mega-mergers in the banking industry: NationsBank with BankAmerica, Bank One with First Chicago NBD, and Citicorp with Travelers Group…

The year 1998 saw an unprecedented number of mega-mergers in the banking industr

The year 1998 saw an unprecedented number of mega-mergers in the banking industry: NationsBank with BankAmerica, Bank One with First Chicago NBD, and Citicorp with Travelers Group…

The year 1998 saw an unprecedented number of mega-mergers in the banking industr

The year 1998 saw an unprecedented number of mega-mergers in the banking industry: NationsBank with BankAmerica, Bank One with First Chicago NBD, and Citicorp with Travelers Group…

The year is 1778, and the Continental Army desperately needs to get supplies thr

The year is 1778, and the Continental Army desperately needs to get supplies through to their troops at Valley Forge. A caravan of four wagons has left Philadelphia and must decid…

The year is 1778, and the Continental Army desperately needs to get supplies thr

The year is 1778, and the Continental Army desperately needs to get supplies through to their troops at Valley Forge. A caravan of four wagons has left Philadelphia and must decid…

The year is 2060. In the Island of Arabia, where aggregate output is governed by

The year is 2060. In the Island of Arabia, where aggregate output is governed by a Cobb-Douglass production function, the government is considering the elimination of legal barrie…

The year is 2350 and Captain Kirk is now in command of the USS Enterprise. As us

The year is 2350 and Captain Kirk is now in command of the USS Enterprise. As usual, the Chief Engineer (Mr. Scott) is warning that the dilithium crystals are running out; as we a…

The yield to maturity for 10-year bonds is as follows for four different bond ra

The yield to maturity for 10-year bonds is as follows for four different bond rating categories. Use Appendix B and Appendix D for an approximate answer but calculate your final a…

The yield to maturity for 20-year bonds is as follows for four different bond ra

The yield to maturity for 20-year bonds is as follows for four different bond rating categories. Use Appendix B and Appendix D for an approximate answer but calculate your final a…

The yield to maturity on a new one-year discount bond equals ( F V- P )/ P . ( D

The yield to maturity on a new one-year discount bond equals (F V- P)/P. (D - FV)/P. (FV - P)/FV. (P - FV)/FV. What is the price of a coupon bond that has annual coupon payments o…

The “Translations4All” case. The diversity of the population in your area contin

The “Translations4All” case. The diversity of the population in your area continues to grow at a very fast pace. People of varied cultures, languages, and dialects have proliferat…

The “graying of America” will substantially increase the fraction of the populat

The “graying of America” will substantially increase the fraction of the population that is retired in the decades to come. To illustrate the implications for U.S. living standard…

The “winner’s curse” refers to the following phenomenon: a. In a common value au

The “winner’s curse” refers to the following phenomenon: a. In a common value auction---an auction in which bidders can only estimate their own value for an object, e.g., an oil l…

TheCarbondale Hospital is considering the purchase of a new ambulance.The decisi

TheCarbondale Hospital is considering the purchase of a new ambulance.The decision will rest partly on the anticipated mileage to bedriven next year. The miles driven during the p…

The\"impossible Trinity\" refers to the idea that a country can stimultaneously

The"impossible Trinity" refers to the idea that a country can stimultaneously pursue only two of three following policies: free international-capital flows, monetary policy for do…

Thedemandforsmall-enginemotorscootersjumpedwhentheprice of gasoline started movi

Thedemandforsmall-enginemotorscootersjumpedwhentheprice of gasoline started moving up in the summer of 2008. Make a predic- tion about the demand for this form of transportation, …

Thel is tion 4 Sarah and David both plan to attend either the Red Sox game or th

Thel is tion 4 Sarah and David both plan to attend either the Red Sox game or the Celtics game after taking Moon's final exam. They prefer to meet at the same event, but before th…

Then read the following articles and answer these questions: Is GDP a good measu

Then read the following articles and answer these questions: Is GDP a good measure of economic well-being? Why, why not? What are its limitations? What are some factors that would…

Theodore \"Teddy\" Roosevelt didn\'t invent the notion that corporations are \"c

Theodore "Teddy" Roosevelt didn't invent the notion that corporations are "creatures of the state" but he certainly popularized it. What he meant was that the corporate form with …

Theory and Practice in Policy Analysis, Chapter 12 Economics is based on the ide

Theory and Practice in Policy Analysis, Chapter 12 Economics is based on the idea that people are rational. A lot of policy is designed with the assumption that people will respon…

Theory and Practice in Policy Analysis, Chapter 13: \"Risk\" is another area whe

Theory and Practice in Policy Analysis, Chapter 13: "Risk" is another area where people don't always seem to act rationally. If we think about "risk to our lives", it would make s…

Theory and Practice in Policy Analysis, Chapter 14 : This chapter is about \"ris

Theory and Practice in Policy Analysis, Chapter 14 : This chapter is about "risk communication", but the ideas here actually apply to all forms of communication to the public abou…

There are (5/7/12) members of the Fed Reserve Board of Govenors. Which of the fo

There are (5/7/12) members of the Fed Reserve Board of Govenors. Which of the following contributes to making the Federal Reserve an independent policymaking body? __ There are 12…

There are (5/7/12) members of the Fed Reserve Board of Govenors. Which of the fo

There are (5/7/12) members of the Fed Reserve Board of Govenors. Which of the following contributes to making the Federal Reserve an independent policymaking body? __ There are 12…

There are 1,000 workers involved in a construction project. Instead of postponin

There are 1,000 workers involved in a construction project. Instead of postponing construction of his building, the building owner Mr. P. Murt tells the construction company manag…

There are 10 households in Lake Wobegon, Minnesota, each with a demand for elect

There are 10 households in Lake Wobegon, Minnesota, each with a demand for electricity of Q = 60 – P. Lake Wobegon Electric’s (LWE) cost of producing electricity is TC = 600 + 2Q.…

There are 10 households in Like Wobegon, Minnesota, each with a demand for elect

There are 10 households in Like Wobegon, Minnesota, each with a demand for electricity of Q = 60 - P. Lake Wobegon Electric's (LWE) cost of producing electricity is TC=500 + 2Q. I…

There are 100 firms in a perfectly competitive industry. Each firm has the short

There are 100 firms in a perfectly competitive industry. Each firm has the short-run supply curve q = P - 2 for P > 2, and q = 0 for P The market supply curve for this industry…

There are 100 multiple choice questions. Choose the best response for each quest

There are 100 multiple choice questions. Choose the best response for each question Good luck!! Section I Circular Flow 1) The simple circular flow model shows that: A) households…

There are 100 people in Slobovia who like widgets. The individual demand for wid

There are 100 people in Slobovia who like widgets. The individual demand for widgets are: 20 people each have a perfectly inelastic demand for 50 widgets 30 people each have a per…

There are 10000 residents living in Lion Mountain, a very small town with little

There are 10000 residents living in Lion Mountain, a very small town with little flatland for residential housing and they all live in very compact units. They lookfor space to bu…

There are 168 hours in a week. Of these, about 60 hours will go to sleeping (mor

There are 168 hours in a week. Of these, about 60 hours will go to sleeping (more or less). That leaves 108 hours for which we have a choice in terms of how we will spend that tim…

There are 2 drivers who must travel from point A to point B. Each driver prefers

There are 2 drivers who must travel from point A to point B. Each driver prefers a shorter travel time. Two routes are available, one via point X and one via point Y . On the A ? …

There are 2 firms in the market and each of them plans the production as Q =^K1/

There are 2 firms in the market and each of them plans the production as Q =^K1/3L^I/3, where K is capital and L labor. Given K=8, capital rental rate R=0.5, and wage W=8, answer …

There are 2 firms in the yoghurt market, Dannon and Yoplait. They produce yoghur

There are 2 firms in the yoghurt market, Dannon and Yoplait. They produce yoghurt using milk (M) and capital (K) according to the production function f(M,K)= 2 (MK)^1/2 where q is…

There are 2 firms in the yoghurt market, Dannon and Yoplait. They produce yoghur

There are 2 firms in the yoghurt market, Dannon and Yoplait. They produce yoghurt using milk (M) and capital (K) according to the production function f(M,K)= 2 (MK)^1/2 where q is…

There are 2 firms in the yoghurt market, Dannon and Yoplait. They produce yoghur

There are 2 firms in the yoghurt market, Dannon and Yoplait. They produce yoghurt using milk (M) and capital (K) according to the production function q=2 (MK)^1/2 where q is the q…

There are 2 firms to consider here from 2 different industries. A firm in Indust

There are 2 firms to consider here from 2 different industries. A firm in Industry A has MC of production = $150 and they know from historical experience that their Lerner index i…

There are 2 initial diagrams, the left one represents bilateral monopoly, the ri

There are 2 initial diagrams, the left one represents bilateral monopoly, the right a monopsony Click the graph image or click here to bring up a template on which to draw a graph…

There are 200 pounds of food on an island that must be allocated between 2 maroo

There are 200 pounds of food on an island that must be allocated between 2 marooned sailors. The utility function of the first sailor is given by Utility= ?( F1) Where F1 is the q…

There are 2firms to consider here from 2 different indusrties. A firm in Indusrt

There are 2firms to consider here from 2 different indusrties. A firm in Indusrty A has MC of production=$150 and they know from historical experience that their Lerner index is 0…

There are 3 firms producing a homogeneous product. Let qi be the output level of

There are 3 firms producing a homogeneous product. Let qi be the output level of firm i, and let Q be the aggregate output level. The market demand curve is given by p = 50 - Q. F…

There are 3 outlet malls around the area of Lafayette, Chicago, Lighthouse, and

There are 3 outlet malls around the area of Lafayette, Chicago, Lighthouse, and Edinburgh. The distance and number of brands are listed below. Suppose the coefficient for distance…

There are 3 questions in this assignment. Please show both your final answers an

There are 3 questions in this assignment. Please show both your final answers and the way you reach them. Good luck! 1. Robinson Crusoe lives on an island with his friend, "Friday…