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Growth vs. Environmental Protection
Is the depletion of natural resources really a concern for future generations?
Doesn't economic growth, and the innovation that generates it, produce more and more substitutes or new discoveries of reserves for what is being depleted?
How do oil reserves look, compared to what we thought they were 25 years ago?
Explain why do you think the labor supply curve for very gifted or unique people is quite inelastic.
Elucidate how your policy would help increase aggregate demand.
Compute the equilibrium interest rate. Compute the amount of investment demand, private saving, and national saving at the equilibrium interest rate.
Calculate the cross-price elasticity for the following goods. Are they complements or substitutes?
Explain why competitive markets normally lead profit maximizing firms to make choices about resource use that lead to an "efficient" allocation of resources to the market?
Analyze the relationship among fiscal and monetary policy in an open economy.
The organization you wish to pursue will convert existing hybrid Toyota Prius automobiles to plug-in hybrid vehicles.
Let the market demand for rye bread be given by Q = 500 + I - 250P rye + 400P wheat , where Q is monthly demand in number of loaves, I is average monthly income in dollars
Suppose he chooses to drive 10 hours a day explain how many hours of leisure and how much consumption does this imply.
The MorTex organization assembles garments entirely by hand even though a textile machine exists which can assemble garments faster than a human can.
What is the profit-maximizing price to charge a Texan for a car wash? What is the profit-maximizing price to charge a Californian for a car wash?
Graph the accompanying demand data, and then use the midpoint formula for Ed to determine price elasticity of demand elasticity of demand.
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