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A number of states, California and Illinois for example, have recently experienced fiscal problems because tax revenue has not kept up with expenses. States and cities have defaulted on debt in the past. Give an argument for or against the idea of the federal government bailing out the cities and states.
Calculate the price of each fruits in each year.
Now suppose the government decides to subsidize the production of sugar (regardless of who it is sold to). The government wants to achieve the same increase in domestic production as in part d). What should be the amount of such production subsidy..
Analyze the role of credit in our economy and how it influences the business cycle. In your answer, explain how the role of credit leads to the stability of our economy.
Your company is trying to decide whether to raise the price of your product from $$7.5 by $0.50 or lower it by $0.50. Given the above information what would you recommend if the sole goal of your firm is to increase the total revenue?
why would china want its own currency to be undervalued relative to the us dollar? how can china maintain an
select an organization that interests you. state the nature of this interest in your memo . it can be a publicly owned
What role did the larger community play in the success of the Montgomery Bus boycott? If the community played a large role in the outcome/success of the civil rights movement, did African American constitute more of a community in the South vs. th..
Consider a simple economy with two individuals
The most obvious benefit of specialization and trade is that they allow us to work more hours per week than we otherwise would be able to work or else.
Jiffyland produces nothing but peanut butter
Where quantities represent the number of prescriptions. Assume that the resale or arbitrage among markets is impossible and that marginal cost is constant at $2 per prescription in both markets. Monthly fixed costs are $1million in the US and 500,000..
What are the advantages and disadvantages of the oligopolistic structure? How would an increase in a monopolist's fixed costs affect its profit-maximizing choice of price and quantity?
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