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Explain the purpose of rent control and the intended effect on consumers and suppliers of rental property.
Does rent control achieve its purpose?
Using the Internet or the Virtual Library, give some detail regarding real-world experiments in rent control policy and their effect on consumers and suppliers of rental property.
How do rent control policies alter incentives for consumers and producers in the market for rental property?
Illustrate what is the internal rate of return for the college investment that this person faces. Write out the equation used to evaluate the net benefit.
Describe the benefits and costs of such a sweeping trade agreement. Consider the various countries involved (you do not have to look at all of them!) and what it means for first and third world nations to join in such an agreement.
During Dec. 2007 and Dec. 2008, measured RGDP in economy fell by 1 percent as the US economy sank into a recession. Over that same time period total employment in terms of hours worked declined by 3.7 percent
For an unknown reason, aliens kidnapped all immigrants residing in the US. One morning America wakes up and finds that the only people left in the country are American citizens, while all legal and illegal immigrants are gone.
Provide an examples of how each industry practices price discrimination. What are the short and long term strategic reasons these industries employ tiered pricing.
Efficiency can best be defined as the amount of output generated in a given amount of time,producing items using the least amount of resources or else.
What do you think large corporations like Microsoft and WalMart should be regulated more or less than they are.
Assume the construction of the $360M stadium is to be financed entirely with debt to be repaid over twenty years. The repayment burden is negilible in short run.
Estimate whether each of following, other things held steady, would lead to an rise, a reduce, or no change in long run aggregate supply, and Describe difference between the government purchases multiplier and the net tax multiplier.
A firm has estimated the following demand function for its product: Calculate the advertising elasticity of demand and explain its meaning.
Nancy Tai has recently opened a revolving charge account with MasterCard. Her credit limit is $1000, but she has not charged that much since starting the account.
Assume the market demand and supply functions are QD=430-5P and QS= 2P + 318. You have just graduated and moved to this city;
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