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Assignment:
In the context of energy supply, describe how the existence of a negative production externality may lead to a socially inefficient outcome. Critically analyse a Pigouvian solution aimed at internalising this type of externality.
Show that for an inferior good the demand curve for Marshall is steeper than the Hicksian demand and show the effects
Suppose the growth rate of total factor productivity increases by 50% at time T=0, what happens to the price level at time T=0? Explain in words
You want to purchase a house for $85,000, and you have $17,000 cash available for a down payment You are considering the following two financing options.
What is depreciation of a currency? Appreciation of a currency? What interest rate is the Fed trying to control (target) with open market transactions? How are long term interest rates determined? What is the long run effect of monetary policy? Why d..
How does the government assure the public that (1) Banks are operating with "safety and soundness" (2) that their deposits are protected and (3) that banks are not taking excessive risk in lending and investing their funds? (Federal Reserve, FDIC and..
Steve Lowe must pay his property taxes in two equal installments on December 1 and April 1. The two payments are for taxes for the fiscal year that begins.
Calculate the value of trade receivables under the existing scheme and the proposed scheme at the year-end. For this assignment, ignore taxation.
Suppose that there are 100 workers in the country (50 women and 50 men), they are each paid $10 an hour, and the tax rate is 25%. What tax revenue is collected? What is the deadweight loss associated with the 25% tax on labor incomes?
What is the equation for the average variable cost(AVC) - what is the minimum level of average variable costs and Each firm in the industry is currently earning zero economic profit. How many firms are in this industry, and what is the market equili..
Sally can now choose from a much greater number of products. How will this affect Sally's willingness to purchase childcare services
For a project such as a Charter school,the cost can be (e.g. $2,000,000) compute the following using an MARR of 8% for a 5 year term using tables and Excel. Net Present Value of the Loan over 5 years.
what fiscal and monetary policies are appropriate at this time pertaining to the affordable care act? what monetary
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