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In 3- 4 paragraphs, give an example of a positive and a negative externality. Would a Coasean solution resolve the economic efficiency of the externalities you cite? Why or why not?
suppose that supply and demand functions for a produc are given byqd 500 - 2pqs -100 31. find the equilibrium price
Illustrate what are the pros and cons of regional trade areas such as the European Union and NAFTA.
Suppose you can invest in education that costs $10,000 each year for two years in a row. After that, you will receive additional income in the form of a higher salary of $15,000 for three years. If the interest rate is 4%, is this a good investm..
What were the effects of the policies implemented in reaction to the crisis and do you think the solutions worked in the short term? In the long term?
Monetary policy affects aggregate demand through changes in: - The demand for money is higher in Japan than in the United States because:
A nation has a low inflation rate than all growth. It has more rapid economic growth. The central bank does not intervene in the foreign exchange market.
Discuss the application of true cost pricing to oil. What might the true cost of oil be? At what price of gas would drivers in the U.S. seriously change their driving habits?
What is inflation and What are the causes of inflation? Is inflation desirable and what can be done to control inflation in a market economy?
karls preferences over hamburger (h) and beer (b) are described by the utility function U(h,b)=min(2h,3b). his monthly income is M dollars and he only buys these two goods out of his income. denote the price of hamburgers by Ph and beer by Pb.
Liabilities and net worth Check able deposits 5000 Stock shares 1000 If the balance sheet above was for the commerical bank system, rather than one bank, by how much could the supply of money increase.
should government officials attempt to reduce birth rates among families in so-called developing countries or anywhere else for that matter, what implications does your recommendation have on economic development
The widget market is competitive and there are no transaction costs. Five different suppliers are willing to sell one widget at each of the following prices: $30, $29, $20, $16, and $12. Five different buyers are willing to buy one widget at each ..
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