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Explain the case of permits system/tradable permits as compared to Pigovian tax (tax and standards) in creating market based property rights to addressed externality. State your assumptions and highlight the basic structure of each case with special focus on the comparative static elements in each model/case.
Assume you are currently working in a government job that pays$20,000/year and you have $40,000 in an account earning 10% interest. You have the opportunity to buy a fruit orchardthat produces $23,000/year in revenue for a price of $50,000.
If the company requires a minimum return of 25%, illustrate what should be the minimum yrly sales for 12 yrs to justify the investment.
Identify the point on the budget constraint this worker has chosen. Elucidate how much is he working every day.
fundamental economic concepts please respond to the followinganswer the following discussions based on the katrinas
Assume that a police officer is conducting a valid stop and frisk for weapons. If evidence of drug possession inadvertently becomes known to the officer, probable cause for an arrest arises.
If you were asked to lend money to your cousin’s clothing store to help her through a slow sales period, would you be more interested in looking at the current ratio, or the quick ratio, as a measure of liquidity? Why?
Since the beginning of the Great Recession, the Federal Reserve Bank has engaged in expansionary monetary policy (buying U.S. Treasury bonds) with the goal of promoting economic recovery. If the money supply continues to expand what does that eventua..
If consumption spending this year (C1) and next year (C2) were perfect complements, would the permanent income hypothesis still hold, in the sense that the consumer would not increase spending by the full amount of a transitory income shock, but woul..
How does the quality of the physician's documentation in the medical record ensure quality as opposed to fraud and abuse in coding? Provide an example.
According to the graphical method used in class, ?gure out how a decrease in taxes (T) shifts the IS curve. Is this policy an expansionary ?scal policy or a contractionary ?scal policy? Why?[Hint: Use the Keynesian Cross]
Elucidate why Pizza Hut has expanded its offerings of pizza over the past five decades
Write a short (2-3 page, double-spaced, typed) essay identifying and describing the current state of the health care industry using the tools we have studied this semester.
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