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China felt it was rapidly overpopulating, and it introduced the One-Child Policy. Was it fair for the Chinese government to impose a one-child per family limit on Chinese society? Explain your answer.
operate his business as long as he rents at least 7 boats per month, operate his business as long as he rents at least 1 boat per month, operate his business as long as he rents all 10 boats each month.
Earlier this year, Greek citizens, fearing currency changes or capital controls, took billions of euros out of their bank accounts. Some of it they sent to banks in other countries, and some of it they even hid in flower pots, freezers, and yes, unde..
According to Principles of Macroeconomics, (Evolution of the Household) Determine wheather each of the following would increase or decrease the opportunity costs for mothers who choose not to work outside the home.
What likely to be the effect of such restrictive monetary policy on the budget balance for the government and national debt if there are no other policy changes?
Find the present worth at i = 20% per year for the cash ?ow series listed. (CF0 :$ 0 ,CF1: $ 0 ,CF2: $ -200 ,CF3: $-200 ,CF4: $ -200 ,CF5: $ 0 ,CF6: $ -89 ,CF7: $-89 ,CF8: $ -89 ). Which one is the correct answer?
Consider the following sequential ZSG. First, nature chooses heads or tails, each with probability one-half. Player 1 then sees nature’s choice, and chooses heads or tails. Player 2 then sees player 1’s choice but not nature’s choice, and chooses hea..
Briefly explain relationship between market price and a firm's profitability in a perfectly competitive market. How are the Zero profit point and the shutdown point for a firm operating in a perfectly competitive market determined?
Suppose the returns on an asset are normally distributed. Suppose the historical average annual return for the asset was 5.8 percent and the standard deviation was 14.4 percent. What is the probability that your return on this asset will be less than..
What tool of monetary policy will the Federal Reserve use to increase the federal funds rate from 1% to 1.25%?
An emissions fee is paid to the government, whereas an injurer, who issued and held liable, pays damages directly to the party harmed by an externality. What differences in the behavior of victims might you expect to arise under these two arrange..
Suppose you have hired a new worker, unfortunately you do not know if the worker is a shirker or a hard worker. Suppose working hard raises the probability of making a sale from 40% to 80% (thus raises the probability of making a commission C by the ..
State the rule for optimum input allocation to produce a given level of output at the lowest possible cost - when two inputs are varieable and the prices of the inputs are given- and explain why it makes sense.
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