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List shortly two aspects on how US government revenues or spending patterns differ from average spending or revenue patterns of an average OECD country (highly developed rich country). (E.G. "US spending more/less on programs of type X as a share of GDP", or "US government has a smaller /larger overall share of GDP")
If the market has a very elastic demand curve and inelastic supply curve, how would the application of a subsidy is shared between consumers and producers? Use the tools of producer surplus and consumer surplus to answer this question. Is there a dea..
Alice and Bob survive on hamburgers and salads. Alice's utility function
second-degree price discrimination is also known asblock rate setting.captures all consumer surplus.sets a different
assume you are the manager of abba cable company which provides commercial communication services to the town of
1. Why do you that the market clearing interest rates on bank savings and time deposits have fallen as the interest rates on bank loans have dropped 2. If interest rates earned by banks on their assets fell close to zero, why might all ..
There are 100 dog kennels in Atlanta. An economist studying the pricing behavior of dog kennels tells you that she is limiting her analysis to a time period that does not allow for any new dog kennels to enter the industry or for any established dog ..
Are you in favor of either deficit spending on the part of government or one of a balanced federal budget and budget surpluses?
describe two industry average ratios and explain how a companys management might use the information. what factors
Explain Googles AdWords auction in terms of complete price discrimination. discuss weather google meets the conditions for such discrimination
choose an industry you have not yet written about in this course and one publicly traded corporation within that
reserve requirement for banks is set at 5. your firm withdraws 42000 on its line of credit at the security bank to
This is a self-reflection paper developed based on the classroom discussion around minimum wage. Explain the effect minimum wage has on the economy. List and describe both the pros and cons of the more recent increases in the federal minimum wage...
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