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A certain city is considering an adoption of rent control to keep apartments affordable for low-income families. Using a carefully labeled diagram of market for apartments, show and explain the short run effects of this new policy on rents and availability of apartments. Carefully explain whether this will achieve the implicit goal of the policy makers to keep apartments available for low-income residents. Also, describe the short run and long run impact of this policy on the availability of apartments in this city area.
Explain what the short is--run effect of a fiscal contraction (lower government spending for example? What happens to the nominal wage rate during the process of moving from short-run equilibrium to long run equilibrium?
the city of kiel issued 3000000 of 8 coupon 30-year semiannual payment tax-exempt municipal bonds 10 years ago. the
A company has the potential to earn $100M in the horizon year of a growth product that is expected to have a profit growth of 5% per year in perpetuity beyond the horizon year. If the company’s discount rate (WACC) is 12%,
What is the least costly way for the firm to produce 80 units?
At the fishing hole, people come from all around to catch fish to sell at the fish market. The total number of fish caught is F=10x-(x^2) where x is the number of fishermen
a suppose the income elasticity of demand for pre-recorded music compact disks is 4 and the income elasticity of
Short-term loans between banks are called
Please sort the items below into the appropriate box based on whether the change signals: 1) An increase in GDP and improved standard of living 2) An increase in GDP without improved standard of living, or 3) No increase in GDP and improved standard ..
Environmentalists discuss that trade liberalization harmful for the environment. The decisions of World Trade Organization in particular have been subject of much criticism.
The probability of getting ill is 25%. The utility function is U(W)= 3.2W ; U(W)=W2 , where W=wealth; log= logarithm base 10. Compute the expected wealth, expected utility (use up to 4 decimal places) and expected loss.
suppose that the economy is currently at the full employment position. using the as-ad and is-lm models explain the
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