The 9th Chairman of the Federal Reserve
Prof. Herman Baine
The following research paper will analyze the 9 th Chairman of the Board Governors of
the Federal Reserve, William McChesney Martin Jr. It will also contai
Prof. Leo Sloan
5) Profits are maximized when MR=MC. What the heck does that mean?
The profit is maximized when the marginal revenue and the marginal cost are equal. This means
that when a firm maximizes their cost
Assignment Demand & Supply
In each of the following scenarios decide if the product is moving along the curve (The price of diamonds
has gone from $ 1,000 a karat to $ 2,000 a karat; this represents movement along the curve. Higher the
price less of the d
Article: Sliding Resources Prices Hit Budget Bottom Line
This article states that the government has slashed twenty billion dollars from its mining
exports, prompting questions about how it will chart the cours
Which of the following are included in this year's GDP?
Explain your answer in each situation.
a. Interest on an AT&T bond.
Yes, it is included, using the GDI measurements and the income approach.
b. Social security payments received by a r
Each of the following is worth up to 5 points.
Late work will not be credited.
1) Assignment topics are presented below.
2) Read a current article (2011-2012) in magazine, newspaper or online about the topic.
3) Write your one-h
Some (few) economists suggest that governments
should ban credit cards because the use of credit
cards makes consumers more satisfied until they
receive their credit-card bills.
As a result, banning credit cards wou
Did You Know That .
Economists have estimated that when bank debitcard transaction fees increase by 10 percent, the
number of debit-card transactions that people
wish to utilize declines by nearly 67 percent?
Cost and Output
Discuss the difference between the short
run and the long run from the perspective
of a firm
Understand why the marginal physical
product of labor eventually declines as
more units o
and the Financial
Firms and Profits
Corporate Financing Methods
The Markets for Stocks and Bonds
A payment for the use of any reso
Professor M. Fenick
April 30, 2014
Natural Disasters Stirring the Economy
Experts have made the argument that the devastation
produced by Hurricane Irene will improve the economy as
individuals are put to work mending the des
I decided to pick Exxon which works in the oligopoly market structure because there are
only a few gas companies that distribute gas to customers. With companies like Exxon the
competition usually triggers changes in the company. For example if th
Total & Marginal Utilities
1. Total utility is increasing at an increasing rate.
2. No I do not agree because the marginal utility only increases as the total u
Production Possibility Curve
The Homo sapiens production possibilities curve shifted outward to the right much more rapidly
than those of Neanderthals because they were able to adapt and realize the power of free trade.
Trading allowed the Homo sa
March 31, 2015
A Remarkable Writer
Cyril Connolly once said that a great writer creates a world of his own and his readers
are proud to live in it Claude McKay readers are definitely proud to l
A monopoly requires government cooperation to limit competition in any field. And that only works
so long as that government has complete control of that market segment. Todays giant
corporations can be seen as pursuing a twofold, interrelated strategy of
Discuss efficiency and International Trade (domestically and globally)? Look at the pros and cons for
developed and evolving economies - do we all benefit from trade?
Economic efficiency is a market outcome in which the marginal benefit to consumers of th
Chapter 1: Assignment
1. Economics is so much more than just dealing with money. It is a social science that concerns the
different factors which influence production, consumption, and transfer of wealth.
2. Yes, I believe going to college will reduce sca
1. What were Hardy and Weinberg interested in analyzing?
Analyzing the consequences of the mating of individuals from a mathematical model.
2. What is a gene pool?
All gametes (sperm and egg) of a generation are a single group.
3. What assumptions did Har
Round Delux Baseba
Plasm Gallon Headse Vacuu Electric
Waffle e Arm
a TV Trash
Maker Chair Glove
have a large
ASSIGNMENT Monetary Policy
Suppose that you are a member of the Board of Governors of the Federal Reserve
System. The economy is experiencing a sharp and prolong the inflationary trend.
What changes in would you recommend? As a member of the FED, the firs
ECO 2023 Part 15
The Utility Maximization Principle
What is Utility Maximization ?
What is the object of Utility Maximization ?
Answer: Well, the object of utility maximization is to get as much pleasure/ enjoyment from this
limited income source. Lets sa
ECO 2023 Part 14
Marginal Utility vs. Price Discussion
Lets use a real life example for this:
Comparison between Marginal Utility and Price
Okay: Heres a fact: The economic explanation typically builds on the theory of marginal utility