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Discuss whether each of the following actions create any postive or negative externailty??
a. There is a road accident due to which many drivers just have to wait for the road to clear.
b. ?Cleaning your table after the lunch in a party.
c. Throwing your garbage in the street.?
d. Organizing a grand musical party all night at your front yard.
e. Lighting of your house for the upcoming Christmas festival.
Why would Berkshire Hathaway own a number of furniture retailers? Outline the possible advantages and disadvantages.
Since 2009, the federal reserve has been unable to stimulate the US economy sufficiently enough to generate 3-5% annual growth in GDP, despite being short-term interest rates at zero and instituting a massive quanta give easing program. why has monet..
In less developed countries, what does the brain drain refer to?
What impact if any has the policy of 'Quantitative Easing' had on the United States aggregate demand/aggregate supply curves?
Suppose a firm faces the demand curve which gives a constant price elasticity of demand of -2. (recall the Lerner index) 1. If the firm's marginal cost is constant at $2, what is the profic-maximizing price and quantity? 2. If the firm's marginal cos..
Suppose the Red Sox can segment their fans into young fans and senior citizens. Young fans have the demand curve p = 120-10G (MR = 120 – 20G). Senior citizens have the demand curve p = 60 – 10G (MR = 60 – 20G). Assume that MC = 0. What are the equili..
Suppose the economy's production function is Y = A(300N – N^2). The marginal product of labor is MPN = A(300 - 2N). Suppose that A = 10. The supply of labor is NS = 0.05w + 0.005G. what are the real wage, employment, and output?
Compute Macaulay and modi?ed durations for the following bonds:
If her goal is to maximize the amount of money she can make every week, explain how many hours will she work at the bookstore.
Consider a small economy in which consumers buy only two goods pies and tarts. In order to compute the consumer price index for this economy for two or more consecutive years.
Which industry would be the best example of an oligopoly?
When we look at different economic policies we see that Keynesian, monetarist and supply-side economics advocate for restraining inflation and reducing unemployment?
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