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1. Explain why from an individual producer's perspective, a general subsidy on production costs is preferable to a subsidy on only one factor of production when the costs of the two policies to the government are indentical.
2. Describe briefly how other economic agents can influence the government choice between a general subsidy and a specific subsidy.
The main difference between neorealists and classical realists is that:
Based on the Solow model’s conclusions about population growth, comment on the effects of immigration on a country’s: (a) aggregate output level; (b) capital-labor ratio. (Note: in this case we’re concerned with the level of population, rather than t..
We saw that a $10 Billion increase in government spending decreases public savings and therefore reduces national savings, and will reduce equilibrium private investment and increase interest rates as well. A $10 Billion tax cut will decrease governm..
The firm has monthly cash expenses of $180.what is the projected ending cash balance at the end of February.
In a two year setting Rod has earnings of $ 8 000 this year and earnings of $ 25 , 0 00 next year. He can borrow or lend at an interest rate of 25%. Draw his budget line including endpoints. What is the slope of the budget line? What is the inter pre..
We know that regression analysis relates to the correlation rather than causation between variables. A critical step in this analysis is the selection of the variables to be related. Start by recognizing that the dependent variable is the number of h..
Do wages clear when the wage equals two. Do we know whether the equilibrium wage is higher or lower than two.
Why are foreign investors more likely to invest in U.S. government bonds than in U.S. corporate bonds or? stocks?
Sherolyn Davidson was terminated after 25 years at ACME University. She filed an age discrimination case. What types of damages are possible for age discrimination
The firm maximizes profit by producing the output level at which____. While economists can explain why there are payments for land, labor and capital, they have not been able to explain why there are profits . The demand curve facing the firm shows u..
What is total cost of saving water. Illustrate what is marginal cost saving 1 meter cubic of water.
if korean exports to the united states decline by 15 billion by how much will cumulative korean spending drop if their
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