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Category: Microeconomics

October 17, 2022

Calculate the rate of inflation for 2007 and 2008 using the GDP deflator as your price index. Assume that 2006 is still the base year.

Microeconomics by Geoffrey0 comments

Assignment 2 Questions: Chapter 10 & 11  (10 Marks) National income accounting deals with the aggregate measure of the outcome […]

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October 14, 2022

Identify another cycle starting with the state (2, 4, 4) (hint; it is longer than the previous cycle). Describe the dynamics of the system when the feature identified in part e) is included.

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A group of 10 students are matched into pairs to play rock paper scissors. They must simultaneously make a shape […]

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October 12, 2022

Suppose that the current exchange rate is €1.73=£1, but it is expected to be €1.65=£1 in one year. If the current interest rate on a one-year government bond in the United Kingdom is 10%, what does the interest-rate parity condition indicate the interest rate will be on a one-year government bond in Germany?

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Suppose that the current exchange rate is €1.73=£1, but it is expected to be €1.65=£1 in one year. If the […]

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October 12, 2022

Briefly discuss how the approach in this paper is an improvement on other ways of addressing the equilibrium selection problem and also comment on any limitations.

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Part 1 Equilibrium Selection Consider the following version of the example in section 2 of Kandori et al (1993). “Learn-ing, […]

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October 8, 2022October 8, 2022

Explain Equilibrium of the Market and how price is determined?

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Watch the video using the following link: https://www.khanacademy.org/economics-finance-domain/microeconomics/supply-demand-equilibrium/supply-curve-tutorial/v/law-of-supply  Test your Knowledge (Question): Explain Equilibrium of the Market and how price […]

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October 8, 2022

Explain GDP and its Components.

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Watch the video using the following link: https://www.khanacademy.org/economics-finance-domain/macroeconomics/gdp-topic/circular-econ-gdp-tutorial/v/circular-flow-of-income-and-expenditures  Test your Knowledge (Question): Explain GDP and its Components.  Instructions  Answer the […]

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October 6, 2022

Provide a condition under which x = 0 is a solution. What can you say about the role played by the probability 7r in this condition?

Microeconomics by Geoffrey0 comments

b. Suppose the taxpayer is an expected utility maximizer with strictly increasing Bernoulli utility function u(W), where W is final […]

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October 5, 2022

Answer the following questions about a production possibilities curve:

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Instructions Complete the following questions in the form of short essays. Each question is worth 6 points. Be sure to […]

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July 5, 2022

What factors might you need to take into account beyond software selection? What issues might they have integrating the software into the business?  What plans can you devise to help with this? Each team will report back on their work to the rest of the class in the plenary

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Activity One: Comparing Software Types (30 mins) Review the different types of software introduced in the previous presentation.  Some useful […]

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May 2, 2021

Discuss Supply management policies in Canada

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Discuss Supply management policies in Canada

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