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Q1. Explain:
(a) Illustrate what way the U.S trucking organization exemplified the capture theory hypothesis of government regulation prior to the passage of the Motor Carrier Act of 1980 also
(b) the result of the passage of the Motor Carrier Act in 1980.
Q2. Illustrate what is the "current macroeconomic situation" in the U.S. (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.)? Illustrate what fiscal policies also monetary policies would be appropriate at this time?
Assuming that under cost controls rationing is as inefficient as possible while under the quota, the allocation is as inefficient as possible.
What can you say about the level of the real interest rate if people instead are risk averse.
Visit the Bureau of Labor Statistics for state employment also unemployment.
Bud has very limited store space and has decided to limit his product line to one brand of beer, choosing to forego the snack food lines that normally accompany his business.
Sets out the aggregate demand and aggregate supply schedules in Japan. Potential GDP is 600 trillion yen. What is the short-run macroeconomic equilibrium.
demand for its tennis balls by using the subsequent linear specification
Fed's policies both in terms of the positive also negative consequences of such policies also in relation to the Keynesian also classical theories.
The cost of the grapes may be as much as 60% of total production costs but varies greatly from lower-quality inexpensive wines to the highest quality wines.
he perfectly competitive form maximizes profits by producing 10 units of output. At what price does it sell these units.
If the Federal Reserve has set the risk-free interest rate at 8 percent, Illustrate is the proper current cost of this investment.
The Solow Growth Model. In 2010, Japan was a large open economy with perfect capital mobility that was at its steady state.
Elucidate how can you derive an equation describing labor demand in this economy as a function of the real wage also capital stock.
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