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Question: There are many types of 'large scale' economic shocks. Some of these may be discussed during the course of this class while others will note.
For this assignment, research the economic affects of natural disasters. You can research the economic affects of large localized events or the more general natural disasters in general. Some types to focus on: floods, earthquakes, tornados, drought, sunamis, hurricanes, or wildfires. It is likely that you can find studies that focus on one particular natural disaster as a whole or the more general study of natural disasters as a whole.
• Research your chosen issue. Find two articles that discuss this issue. One can be a video or popular press article, but one must be a journal article.
• In a minimum of 500 words, summarize your findings on this issue.
Make sure to focus on how the popular press information agrees (or disagrees) with the journal article information.
For each of the following situations, identify the principal and the agent, describe the information asymmetry involved.
Provide a clear and comprehensive rationale about how the relationship of economics and healthcare evolves.
1. under the gold standard there was penalty for running a payments deficit but no penalty for running a payments
Suppose the supply curve is completely inelastic if the government imposed a price ceiling bellow the market clearing level, would a deadweight loss result? explain
What will happen to the price of permits if the government increases the number of permits available and Sketch the supply and demand for emission permits.
the demand and supply schedules for rice are given in the table.what are the price the marginal cost of producing rice
suppose that the reserve requirement is 10 and the balance sheet of the peoples national bank looks like the
Define the cross-price elasticity of demand?
In this question we will analyze the following statement, and show what would happen if the advice given was followed by the Fed: "The increase in the stock.
What is the current equilibrium level of GDP, what is the level of injections and what is the level of withdrawals?
How can investors guide against an inflationary economy that may erode the value of their investments?
To better understand the role of "context" in the morphine study, what would you expect to happen if you put decaf in your mother's early morning cup of coffee? Give three examples of categorical data.
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