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Externalities are third party consequence of some other action. They can be positive or negative externalities and they impose a benefit or cost to a third party. Identify a positive and a negative externality. Discuss the benefits and costs associated with each type of externality. What happens to the Supply and/or Demand curve in each of your examples?
Illustrate what has happened to the value of the dollar. Illustrate what are the comapny's hourly labor costs in dollars at both exchange.
Suppose a basket of goods and services has been selected to calculate the CPI.
What adverse effects on the domestic economy may follow from (a) a depreciation of the exchange rate and (b) an appreciation of the exchange rate.
Illustrate the effect on the marketplace for a hr. of babysitting services 30 yrs into the future when children born today.
Estimate the regression coefficients using ordinary least squares also interpret them. Predict the weekly sales for a store with 10 feet of shelf space situated at the back of the aisle.
Elucidate what will happen to the equilibrium price and quantity of pizzas sold and why (which curve has changed) for each of the following situations:
Assumes that wheat producers lobby the government for a price floor also receive one.
Offering group medical coverage to large firms and requiring all employees to participate in the coverage.
Is there any range of production characterized by scale of economies. At Illustrate what production level are scale economies exhausted.
What three factors determine whether two economies with separate fiscal and monetary authorities should form a currency union.
Which component of GDP is the most stable. Look for the smallest change from the year with the smallest contribution to GDP to the year with the largest contribution.
Show how each of the following would initially affect a bank's assets and liabilities.
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