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Question: Consider two approaches to reducing emissions of CO2 into the environment from manufacturing industries in the United States. In the first approach, the U.S. government makes it a policy to use only predetermined technologies. In the second approach, the U.S. government determines which technologies are cleaner and subsidizes their use. Of the two approaches, which is the command-and-control policy?
The government must hold a referendum before any public good is produced. B) The government has to facilitate the collective decision making in the production of public goods. C) The government must force the firms to produce all the public goods...
Normal 0 false false false EN-US X-NONE X-NONE The smoothing factor chosen..
What is Dawson's opportunity cost for gathering one stake? One fish? What is Buffy's opportunity cost for gathering one stake? One fish? Who has the comparative advantage in stakes? In fish
Assuming that net taxes are equal to $200 billion regardless of the level of income, graph consumption against income (as opposed to disposable income).
If inflation and nominal interest rates are constant, at what rate, if any, will velocity grow Given a permanent (once and for all) rise in level of interest rates, how will it affect the level of velocity and the growth rate of velocity
The economies of two countries, Thrifty and Profligate, have the same production functions and depreciation rates. There is no population growth or technological progress in either country. The economies of each country can be described by the Sol..
Explain who has a comparative advantage in the production of oranges and who has the advantage in the production of apples. (Show all math involved in your answer)
1. suppose that the long-run world demand and supply elasticities of crude oil are -0.906 and 0.515 respectively.
Which market would you pursue and which ones would you not pursue? Provide examples with factual data (and cite your sources) in your answer.
Suppose that the central bank can observe μt-1 but not μt when it sets the money supply. Is there then a role for systematic monetary policy?
while us gaap requires assets to be valued at the lower of cost or market there is a belief that assets with value
Why would banks tend to lend more in booms and less in downturns and what do these proposals mean for the RBA's policy of targeting inflation?
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