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The text discussed stealing from the government and provided various methods for doing so. Can you think of any other ways it might happen? Also, of the methods discussed by the author, how can governments prevent their occurrence?
Discuss the difference in the way the budget audit occurs at the federal level and state and local level. What is the purpose of the audit?
The author discussed the fact the federal government has the ability to print more money if needed. What are the pros and cons of doing this?
What responsibility do we have as a society to help the elderly and disabled? What potential changes could the federal government enact to help the viability of both programs? How can the Social Security program be fixed to ensure a viable future for..
In pure competition-marginal revenue
Why will Open Table competitors have a difficult time competing against Open-Table? What characteristics of the restaurant market make it difficult for a reservation system to work? How did Open Table change its marketing strategy to succeed?
derive and graph the equation characterizing the firms average revence curve. Calculate the level of output to that maximizes total profit. Also calculate the resulting profit.
q1. suppose your elasticity of demand for your parking lot spaces is -2 and the price is 8 per day. if your mc is zero
Discuss the benefits for Bolivia of forming a strategic alliance with a private company to extract lithium. What are the drawbacks of this strategy? What should Bolivia look for in a partner?
Suppose that all growth occurs by moving people from the poor category to the middle class category. Will the savings rate rise over time or fall? Using the Harrod-Domar modeland assuming that population growth is zero and all other variables are ..
Assume that production is given by Y= K(1/2)L(1/2). First, write the production function in per person terms (y=f(k)). Next, assume that the per person level of capital in the steady state is 4, the depreciation rate is 5% per year, and population gr..
To verify this claim, the Chamber of Commerce of New York City randomly sampled 30 room rates and found a sample mean of $222.80 and a sample standard deviation
A competitive firm has the production function y = min{ √ L, √ K}, where L is labor and K is capital. Suppose that in the short run this firm must use 16 units of capital but can vary its amount of labor freely.
Suppose after submitting your sealed bid in a Vickery austion you find out that they have lost the auction(you were not the highest bidder); However, you have the opportunity to revise your bid. Would you go ahead and change your bid? Why or why n..
The Inflation Stealth Tax or Deflation tax Cut Inflation is a tax on currency. Prices in the UK have risen by 28.2 % since 2005 (measured by the consumer price index) A £ 20 note that fell down the back of a sofa 10 years ago would now be worth £ 15...
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