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If county government offices required that all employees must live within the county limits, what impact would this have on the elasticity of demand for employees of the county government offices?
Describe the distinguishing features of the Canadian governance model. Contrast with the governance model of China.
you know that one senator on the Environmental Subcommittee will ask you to justify why the firm should not be charged a per-unit tax on the firm†TM s output to compensate for the pollution it discharges into a major river.
Global outsourcing has cost the U.S. economy far more than one million jobs since 2001, or somewhere between 15 and 35 percent of the total decline in employment since the onset of the 2001 recession. What will it likely do to the overall level of U...
The cash-for-clunkers program: objectives and results. Did the car companies ripped the benefits of the program
Show that consumer surplus when the monopolist innovates is lower than the consumer surplus that obtains when the entrant innovates.
Given the equation of exchange set forth by the quantity theory of money (M x V = P x Q), where M is the supply of money, V is the velocity of money, P is the price level, and Q is real output, which of the following best defines M?
Utilize this expression to derive the potential bounds for the income elasticity of other goods.
Extensive margin models use Rogerson (1988) style lotteries in order to simplify the savings problem under non-full-insurance.
We are always to keep the question of human nature in the background of all our discussions. Each author of the texts we read has a philosophy about human nature. Some assume universal elements that cut across all individuals, times, and cultures; o
Many argue that breaking up a monopoly is a Pareto-efficient change. This interpretation cannot be so because breaking up a monopoly makes its owners (or share holders) worse off. Do you agree or disagree. Explain your answer.
Why would your company have bid with a zero mark-up on some past tenders? Why didn’t it win all of those contracts?
In a short-run production process, the marginal cost is rising and the averger variable cost is falling as output is increased. thus
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