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Nancy Folbre argues that children are closer to being public goods than they are to being pure private goods. What are the major elements of this argument? Do you find the argument persuasive? Explain your answer. If the Folbre public goods argument is correct, what are the efficiency implications for how the costs of children should be borne and for appropriate public policy?
The Effects of the Great Recession on the Central Banks Doctrine and Practice, critically and briefly analyze the direction of changes in monetary policy
Consider the equation: Y= C(Y-T) + I + G a. Calculate the total differential for this equation. b. Holding I and G constant, derive an expression for the tax multiplier (dY/dT)
Dinkel Manufacturing Company accumulates the following information relative to jobs started and finished during the month of June 2008.
Suppose as well, that all voters favoring liberal candidates will vote, while only 50% of those favoring conservative candidates will vote. Create a graph to show how the political equilibrium will differ from an election in which all citizens vot..
"We have too many hotels in this town already. Statistics show that vacancy rates average 20 percent on any given night." Assuming this is correct, evaluate his negative assessment of the situation in terms of business-stealing and product-variet..
How would each of the following affect the firm's marginal, average, and average variable cost curves?
Should a country's income be distributed to its members according to their contributions to the members' requires? Should society attempt to equalize income/economic opportunities?
Nintendo and Sony Playstation are each considering to introduce one new game into the market. Each is planning three different kinds of games: an urban action game like Grand Theft Auto,
The Microsoft trial has been one of the most investigations of antitrust behavior since the turn of the century.
Using a supply and demand graph and assuming competitive markets, show and explain the effect of equilibrium price and quantity of the following A) a technological change that reduces the cost of producing x-rays on the market for physician clinic ..
Why do virtually all societies create something to function as money and how did the combination of increased holding of excess reserves by banks and currency by the public lead to bank failures in the 1930s?
Robin and Terry are Stranded on a deserted island and consume two products, coconuts and fish. In a day, Robin can catch 2 fishes or gather 8 coconuts, and Terry can catch 1 fish or gather 1 coconut.
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