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Problem
1. Why might the social costs of building a factory in an area of high unemployment be less than the private costs?
2. How would you decide whether to make a charge for a government service or to provide it free to the user?
Suppose 10% of all workers are of high ability. If a firm knows a worker's ability, workers of low ability are paid $20,000 and workers of high ability are paid $30,000. Obtaining a university degree can signal high ability, and the cost of degr..
Two people are engaged in a joint project. If each person I puts in the effort xi, a nonnegative number equal to at most 1, which costs her c(xi), the outcome of the project is worth f(x1, x2). The worth of the project is split equally between the t..
1) Explain the difference between a budget deficit and the national debt. 2) Use the Marginal Income Tax Rates in Figure 15.6 (see p. 463) to compute the following:
I'm trying to discuss whether integration between the following types of firms would constitute a horizontal, vertical, or conglomerate merger.
RainAway, Inc., makes polymers used to coat the windshields of car's, planes, and boats-Complete the following table based on the RainAway product's price, output and costs per year:
Test at α =.05 and 0.10 the hypothesis that a majority (more than 50%) of students favor the plus/minus grading system at a university if in a random sample of 500 students, 265 favor the system? Please show work
Examine the contribution that automatic stabilizers play in creating a stable economy.
In your discussion, comprise the reason for the lawsuit, the outcome of the trial and how this lawsuit affected Microsoft and consumers.
Read the articles and discuss the problems of Economic Inequality in the U.S.economy, summarize key points and post in the the Discussions area - Why More Education Won't Fix Economic Inequality
a country with a relatively small aggregate demand shock a shift outward in the ad curve may have a substantial
Answer the following Multiple choice questions.
Provide an example of the Fed's actions listed in the textbook or from the October 30th FOMC press release. 4. If the economy is currently in a long-run equilibrium and the central bank increases the money supply, what effect does this have on the ..
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