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Congress is considering a tax credit program for those who purchase energy-efficient appliances. Proponents of the program have said that $400 million will be given directly to tax payers and argue that this will have an economic effect that is greater than the original $400 million spent because of the multiplier effect. Many voters and tax payers are not familiar with the concept of a multiplier in this sense.
The inverse market demand curve is P=140-Q, and inverse supply curve is P=20+Q. Now Assume a commodity subsidy of $20 is given for each unit of production.
What is the profit-maximizing price to charge a Texan for a car wash? What is the profit-maximizing price to charge a Californian for a car wash?
Compare and contrast between internal and external growth strategy. Identify a range of factors which might estimate whether an internal or external strategy is pursue such a growth strategy.
William J. Bryan is the general manager of an electrical equipment plant. He must decide whether to install a number of assembly robots in his plant. This investment would be risky because both management and the workforce have no real experience ..
Illustrate what are the three major categories of expenditures for the federal government. Explain whether or not we should be concerned with net interest outlays and national debt.
Suppose the U.S. economy is in a recession which came from a negative AD shock. To provide consumers with an incentive to spend more of their disposable incomes, Congress and the President pass a law making it illegal for an individual to hold more ..
Engineers at the national research laboratory built a prototype automobile that could be driven 180 miles on a single gallon of unleaded gasoline.
An industry has a supply curve MC (or P) $/unit = 10Q0.9. Demand follows P $/unit = 100 – Q1.1. Total external social cost (pollution) (in $ total) = 20Q1.2.
Elucidate what were some changes of the demand and supply fconditions that lead to the housing market bubble and collapse.
Suppose you want to produce WIDGETS in your country. The international price of an imported WIDGET is $50 and pays an import tariff of $10 per unit. Three inputs are needed to produce a WIDGET.
Explain carefully in terms of production theory why it might be that no amount of "cracking down" can increase worker productivity at CF&D. Provide an alternative to cracking down as a means of increasing the productivity of the sheet metal workers..
consider the following simple linear regression model.yi beta1 beta2xi ei i 1... npart i we are trying to find the
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