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One of the factors that determines cost of Homeowners insurance is location. Many areas of our country are exposed to severe weather, such as hurricanes, tornadoes, etc. Should the governments in those areas increase their responsibility for helping those that suffer from severe weather losses? Explain why, or why not.
In 2016, economists forecast the U.S. MPS will be 0.15 and the MPM will be 0.10. Estimate the maximum overall total effect on national income of the following two changes in fiscal policy If a decrease in govt spending of $100 billion and a decrease ..
What are the four categories of human capital typically found in a group of ten workers. For each category, please identify a basic strategy that should be used with each group to maximize effectiveness
Suppose the own price elasticity of market demand for retail gasoline is -0.9, the Rothschild index is 0.3, and a typical gasoline retailer enjoys sales of $2,350,000 annually. What is the price elasticity of demand for a representative gasoline reta..
If passengers can in effect sell their confirmed reservations when a seat shortage arises, why can't passengers sell their right to land at a crowded airport when a shortage of landing slots arises?
A fleet manager must choose between two trucks to purchase for a company's fleet. The company will keep either truck for 4 years. Truck A costs $29,000 and has a market value of $16,000 after 4 years. Truck B costs $33,000 and has a market value of $..
What is the capitalist, free enterprise ideal? U.S, Japan, European companies are usually the first to design, invent and innovate products. What happens toward the end of these new products international life cycles? What must happen to the economie..
In order to discuss a health system from welfare economics point of view and to understand whether it is efficient and fair in Turkey, I will examine for OECD Reports. However, I need to use some economic theories & methods for my essay. I research s..
What is the unemployment rate for this simple economy? What is the labor force participation rate for this simple economy? Suppose the working-age population of a fictional economy falls into the following categories: 90 are retired or homemakers; 60..
Illustrate what are the historical trends and current state of the federal budget and deficit spending. Should the federal budget be balanced? Is this really necessary.
How will the unemployment rate during the current period compare with this economy's natural rate of unemployment? What will tend to happen to resource prices in the future?
Make sure to include all appropriate graphs with supply and demand, the initial equilibrium and the shift in the supply or demand curve and the corresponding change in the price and quantity in each graph, as well as an intuitive explanation.
This exercise presents a simple example to elucidate how exchange-rate conversions can produce misleading results and how the PPP methodology works.
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