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Explain some of the different ways that value can be conceptualised or described and provide examples where appropriate.
Explain what is meant by positive externalities. Describe how an under allocation of resources occurs when positive externalities are present.
Write a brief (500-800 words, plus tables/diagrams) summary report of the trade policy activity of the country to which you have been assigned, which is UK. Your summary should include information and analysis about your country's: ?current and histo..
The BLS reports several different measures of unemployment rates. For example, the official unemployment rate (and thus the most reported) is called.
Consider three individuals: Bob, Mary and Sue. Their PPFs for producing jam and bread are given in the graphs below. The numbers refer to jars of jam and loaves of bread. Given the above information, who has the absolute advantage in the production..
What tax level would achieve this goal? How much abatement would be done by each firm?
In your own words define and explain fiscal policy. List the pros and cons for the fiscal policy you selected. Include supply-side economics in your explanation
Consider a market in equilibrium. Suppose supply in this market increases. How will this affect consumer surplus? Explain.
When is a stratified sample an appropriate sampling technique? specific characteristics of the population are of no concern individuals in a population are not equal each member must have an equal chance of being selected you have a small population ..
What is happening in Syria? Economically and politically speaking
Ivan owns a small boat and catches shrimps off the Redondo Beach. His weekly cost function is TC(q) = 10 + 5q + q2.
Government Purchases, Measurement of Unemployment and Consumer Spending - Short summary pertaining to the economy's stage in the business cycle.
What is the difference between scarcity and shortage? Give an example of each and argue whether or not (for each of your examples) the problem of scarcity or shortage will ever be solved. If so, how?
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