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In light of what is happening in the European Union today do you think a controlled default can occur with insolvent governments or does it have to resort to anarchy? Can or should the International Court of Justice (AKA: World Court) handle bankruptcy claims of a country?
Evaluate the Clean Air Act and determine if it has been effective from an economic standpoint. Explain your reasoning. Based on your evaluation of the Clean Air Act and additional efforts to address pollution, make policy recommendations that woul..
If the price of processor chips used in manufacturing personalcomputers decrease, what will happen in the market for personal computers How will the equilibrium price and equilibrium quantity of personal computers change
assume that country a has a population of 500000 and only produces one good-cars. country a produces 100000 cars per
Suppose the market discount rate is 20% instead of 5%. Should he now charge the limit price to deter entry or accept the entry? Assume his goal is maximize the PV of long-run profits.
you are the administrator for a medical practice. assume all of your practices patients are covered by insurance.
the u.s. economy has fallen into a recession. it is a severe and deep recession and one that some economic analysts say
since the firm faces an upward sloping curve, it will not pick E* (equilibrium level of employment) How will it decide how much labor to employ, and how will this equilibrium level of employment (E**) compare with E*? Explain the reason for the di..
Illustrate with a graph how the PPF presents a strong rationale for the plausibility of the law of supply and supply and demand graphs indicating the change in equilibrium price and quantity.
a. A university requires buyers of season tickets for its basketball games to buy season tickets for its football games as well. b. Dairies that bid on contracts to supply milk to school districts collude to increase what they charge.
Prince Sports wants to exploit a favorable trend-the dramatic growth in tennis participation. For example, a recent study by the Sporting Good Manufacturers Association notes that tennis participation in the U.S. was up 43 percent from 2000 to 200..
Many economists would argue that private companies are likely to be more efficient than the government at operating airlines. Yet many economists would also argue that there is a valid reason for government to regulate the safety of those same air..
large-scale wars typically bring a suspension of international trading and financial activities. exchange rates lose
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