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a) Is education provided by the government a public good? Explain your answer.
b) Are the externalities associated with common resources generally positive or negative? Give an example of common resources. Is the free-market use of common resources generally greater or less than the efficient use? Explain.
Calculate the present worth of the following geometric gradient series cash flow: Annual interest Rate =8.89 %, Annual cash flow increases 29% each year, The first year value is $52 and the series is 8 yrs long starting at EOY 1 .
Prepare a CPM/PERT chart and determine project duration based on normal project duration (using Normal Time) Prepare a CPM/PERT chart and determine the shortest time this project can be completed taking (using Crash Time).
At the moment, the market is completely ignoring things like record US trade deficits and the widening current account deficit. It is also largely ignoring the possibility of Federal Reserve rate cuts. Traders and investors are instead focusing only ..
Jack is in the umbrella making business. The economic cost of each umbrella is $2. Illustrate what are the formulae for both the average economic cost curve and marginal cost curve.
Illustrate what will be level of employment under monopsonistic conditions.
787b stimulus bill approvedwashington-less than one month after president obama took office congress last night passed
Are legalized forms of gambling, such as state-operated lotteries, consistent with a continuing public policy against the enforcement of gambling contracts? Why or why not? Please discuss and support your comments using legal reasoning and terminolog..
Municipal water supplies are often managed by a government agency. Typically, government agencies are not allowed to ‘make a profit.’ Assuming supply and demand behave ‘normally,’ graphically illustrate the implications of a governmental ‘cost recove..
Research and present one CEO (Chief Executive Officer) pay package. Does this CEO earn more money if the company performs well? What penalty does the CEO receive if the company does not perform well?
It is well known that, at times, public administrators have to make unpopular decisions. Propose two (2) leadership skills that are required for making difficult decisions in the current political environment. Next, propose two (2) actions that publi..
A consumer buys only two goods, X & Y. a) If the MRS between X and Y is 2 and the marginal utility of X is 20, what is the marginal utility of Y?
Suppose that in January 2014, Joe Biden had borrowed $50,000 from his bank and paid an interest rate of 3%. He paid it back on December 31, 2014. What was the nominal interest C rate that Mr. Biden paid to his bank? (1) What was the real interest rat..
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