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During the energy crisis of the 1970s, and again in the last 5 years, Congress bemoaned the price gouging and windfall profits of the major oil companies. In the 1970s Congress imposed an %u201Cexcess profits tax%u201D on these companies. It did not do so this time? What does this change show about how our understanding of the way the price system works to allocate resources has evolved? If excess profits are taxed away, where will oil companies get the money to fund new exploration and development of oil properties? Does it matter if these price increases are demand or supply induced?
Who in the U.S. government is responsible for computing also reporting the consumer price index.
If the company installs new equipment, FC rise to $2000 and AVC drops to $2.25, what is the break-even point and at what production level should the company switch from the old machine to the new?
how will the quantity of aggregate output supplied respond to the fall in prices. Illustrate what will happen when firms and workers renegotiate their wages.
Illustrate what would happen to total employment, the size of the labor force, and the unemployment rate? Show the results graphically.
The publisher sold the textbooks to university bookstores nationwide for 3 million euros. The university bookstores received 4 million euros from students in exchange for the books.
Look at the inflation adjusted data also identify the periods of negative real economic growth. Illustrate what might have caused every of these periods of economic decline.
What is wrong with claiming that changes in the distribution of income are associated with trade instead of the technological changes that the article discusses.
The dropout rate of minority also international students at U.S. colleges also universities are higher than it is for white American students.
Based on the IRS actuarial table, Mario has a life expectancy of 20 years. If Mario receives 12 monthly payments of $1000 the first year, how much taxable income must he report on his tax return.
Elucidate how do your previous answers change in the special case where money demand does not depend on the expected rate of inflation
Find out the Nash equilibrium prices of the procedures at the hospitals. find out the profit maximizing monopoly prices of the procedure at each hospital.
What is the function, as well as what are the main ingredients as well as connections within the policy planning network doing off describes.
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