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Assignment
Economics class. This is a discussion question not a paper. Must be 250 words must cite work.
Economist J. Bradford DeLong points out that technological change has brought forth goods and services that would have been simply unimaginable a century ago. List one innovation since 1990. How might it have boosted productivity? If you could invent something new to help boost productivity, what would it be?
According to a Congressional Budget Office report, the burden of a carbon tax would fall isproportionately on low-income households. What does the report mean by the "burden" of the tax?
Find the coalitional form of this market and calculate the core. Suppose that agents 3, 4, and 5 form a syndicate: they enter coalitions only as a block, so that we have a three-player game.
Perform residual analysis using time series plots, autocorrelation analysis, histogram and a normality plot to determine if the residuals are random. Show the graphs.
For each predictor variable, state a hypothesis based on your understanding of the expected relationship of that variable to the dependent variable and provide your rationale for the stated hypothesis.
Assume monthly demand for 5-pound bags of potatoes is given by P = 20 - 2 ln Q Assume each bag cost a farmer $2 (including the fixed cost) to produce. Deter- mine the profit maximizing number of bags and price per bag.
Mary will make one more $500 deposit one year from today. If Mary closes the account right after she makes the last deposit, how much will this account be worth at that time?
Global budgets coupled with price ceilings can control total spending as long as
fatality rate on the regulation dummy variable and a trend term gives the results in Figure 21.11.6. Explain why the coefficient estimate for R changes. Be sure to discuss the relationship between R and Trend in your answer.
In the diagram draw the marginal social cost line that illustrates this. Add a marginal social benefit line that shows how the additional benefits of control decrease. Identify the optimal level of water quality. Suppose the government mandates co..
Good Grapes is selling grapes in a purely competitive market. Its output is 5000 pounds, which it sells for $5 a pound. At the 5000-pound level of output, the average variable cost is $4.00, the marginal cost is $4.25, and the average total cost i..
can country A change the outcome of the game by burning the bridge they are crossing to invade and committing its troops to fight? expand the game tree to show this option for county A and find the new Nash equilibrium. Explain
you have been hired as a consultant by your local mayor to look at the various market structures. your role is to
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