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Important information about government regulation
Is there too much government regulation today? Why or why not? In place of government regulation, would it be better for business if it was regulated by trade associations, certifications, and professional societies? Why or why not?
Two identical firms face linear demand. Market demand is given by P=30-Q.Solve for Stakelberg equilibrium prices and outputs.
Utilize an elasticity concept to elucidate each of the following observations.
How might there be increase in total spending on a child's education in response to providing a fixed level of education?
What are the firm's fixed costs? What is the firm's marginal cost? Now suppose other firms in the market sell the product at a price of $10.
Credit cards are sometimes discussed as a public problem. In 2001, purchases on credit cards accounted for 21% of consumer spending in America, which has the lowest savings rate of any big country.
High Mark Industries sells solar water heaters to households interested in lower energy bills and sustainable energy.
A firm is using 20 units of labour and 30 units of capital to produce 4,000 units of output. At this combination the marginal product of labour is 50 and the marginal product of capital is 40.
Briefly accounting describe two limitations of national income. On the basis of these data calculate GDP, GNP, NDP, NI, PI, and disposable personal income.
Answer the following questions as these general questions pertain to the specific issue selected.The questions that you will cover with respect to your choice of broad social issue in the paper are given.
Is it ethical for a government to pretend in ways which socialize financial risks or losses.
Describe what effect an expansionary fiscal policy would've on the price level and real GDP starting from full employment equilibrium.
In the country of Wiknam, the velocity of money is constant. Real GDP grows by 5 percent per year, the money stock grows by 14 percent per year, and the nominal interest rate is 11 percent. What is the real interest rate?
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