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How does carbon tax affect/impact the transport sector in Australia. Provide examples where there has been clear liability under the carbon tax policy
Has the transport sector sold emission reductions under direct action? (ERF)
Are there any indirect impacts?
Suppose a competitive market consists of identical firms with a constant lon-run marginal cost of $10. (There are no fixed costs in the longrun) The demand curve is given by q=200-p
Find out average fixed costs when the firm produces 50 widgets per day. Find out average total and variable costs for producing 49 widgets.
Discuss the following statements: Without money, everything would become more expensive. In countries such as Zimbabwe, which had problems with high inflation, the increased use of another country's currency (such as the U.S. dollar or South Africa..
Determination of interest rate in classical model
What is a market structure with many competitors selling virtually identical products. Barriers to entry are quite low.
(a) Based on dividing the amount of interest equally between the first and second halves of the year, state the rate of interest for a 6-month period (simple interest method).
What are the two subfields into which economics is divided? Explain what each subfieldstudies.
Describe why population growth has such a negative impact on economic growth in Malthusian and Neoclassical growth models.
If a country wants to keep its exchange rate from changing, it must give up some control over its money supply. Is this statement true, false, or uncertain? Explain your answer.
Explain how market structure affects market performance and conduct. Identify three types of government regulation that help to improve market performance and conduct and explain how each regulation achieves its objectives and the economic justifi..
While many thought that 2008 fiscal stimulus plan explained in the feature on pg. 174 was a good idea, some did not. Some even think that Congress did not go far enough.
The government levies an excise tax of 5 cents per unit sold on the sellers in a competitive industry. Both supply and demand curves comprise some elasticity with respect to price.
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