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A 1996 nill reforming the federal goverment's antipoverty programs limited many welfare recipients to only two years of benefits.
A. How does this change affect the incentives for working?
B. How might this change repersent a trade-off between equality and effeiceny?
Since 1990, energy use per person has either remained fairly stagnant or has increased in different nations and regions of the world. Match the nation or region with the trend in energy use per person since about 1990. Column preview China. increa..
Determine whether the following linear programming problem is infeasible, unbounded, or has multiple optimal solutions. Draw a graph and explain your conclusion. Maximize 50x + 100y
Does the law of diminishing marginal utility hold true in everysituation? Is it possible to think of goods for which consumingadditional units will result in increasing marginal utility?
Explain how do governments borrow funds to finance deficit spending. What is likely to happen to interest rates in the market.
The treasury secretary and the Fed. Occasionally someeconomics or politicians suggest that the Secretary of teh treasurybecome a member of the Federal open market committee. How do you think that this will affect the opperation of the FederalReserve
Argue that the main goal of a firm in a market economy is to maximize profit shareholder wealth over the long term. How might this impact stock price in the short term.
Sheldon Corporation loans $80,000 interest-free for one year to Lynn, an employee. Assume that the applicable federal rate of interest is 5 percent. Lynn uses the loan to pay for personal debts.
(a) In a typical labor exchange, what does the UPF for that exchange represent (b) Why is the UPF downward sloping (c) What does the slope represent. Finally, to what points in the Edgeworth box for the labor exchange does the UPF correspond
Joan is deciding where to spend her spring break. If she goes to Cancun, Mexico, the trip will give her 9,000 utils of satisfaction and will cost her $300. If, instead, she travels to Florida, the trip will give her 5,000 utils of pleasure and w..
Explain how would you rate Ben Bernanke's performance as Chairman of the Federal Reserve.
Describe the price and quantity for maximum sales revenue and calculate the maximum revenue. Determine the price and quantity for minimum marginal costs and calculate the minimum marginal cost.
A clinic finds that by eliminating appointments it can reduce costs. The clinic is able to eliminate some telephone staff, and physicians become more productive. Patients wait until the physician is available, so there is virtually no down time. D..
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