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For a fixed percent reduction in pollution emissions to be economically efficient, it would have to be the case that:
A) the marginal cost of pollution control is the same across all firms.
B) enforcement is vigorous.
C) all firms be the same size.
D) large polluters reduce emissions by more than small polluters.
From a Keynesian perspective, the way out of recession is to. Get consumers to spend less on goods and services. Get consumers to spend more on goods and services.
The country of Meditor uses the merit as its currency. What were its consumption and government expenditures on goods and services.
If the reserve ratio set by the Federal Reserve is 20% then what is the deposit multiplier? Your answer is-----. If the initial total reserves were 200 what level of total deposits the banking system can create? (Assume it is the simple banking syste..
Assume you are looking at data for an economy that uses only two inputs, physical capital and labour. Table shows output for different combinations of labour and capital.
Corporate bonds are often purchased as a conservative investment strategy. What is the difference between a Coupon Bond and a Zero Interest bond? Identify at least three (3) possible effects of an increase in the money supply on interest rates
A firm faces a demand where q=20-P. q is quantity demanded, P is price. Its total cost function is TC = 2q^2 + 2q + 20. How many should it produce to maximize profit? What is the price it charges to its consumers?
You are the manager of a firm that receives revenues of $20,000 per year from product X and $80,000 per year from product Y. The own price elasticity of demand for product X is -3, and the cross-price elasticity of demand between product Y and X is -..
The asset (liquidity preference, or speculative) motive/demand for money relates primarily to money’s medium of exchange function. A Keynesian would view expansionary monetary policy as having its impact primarily through its effect on interest rates..
An example of a leakage in the circular flow model is. An example of an injection in the circular flow model is. Unemployment that is a result of a wage above the equilibrium wage rate is
France exports about 18 percent of its GDP, neighbouring Belgium exports 46 percent. What areas of economic policy are likely to be affected by such variations in exports?
Elucidate how the relative composition of M1 changed since 1965. Do your best to explain why this change has occurred.
The following is information from the national income accounts for a hypothetical country: Net exports? Government taxes minus transfers? Disposable personal income? Personal saving?
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