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If you had to nominate one major reform to Australian welfare, what would you nominate? Justify your choices using concepts, ideas, and arguments developed in SOCI 2030 over this Semester.
Note: You may wish to briefly touch on: why your proposed reform addresses a major gap in income support or social services; whether you would propose targeting or means-testing or apply wide or universal access; how would you finance the reforms; and how you would persuade voters and/or powerful interests who may oppose the reform.
What is the numerical value of the multiplier? What is equilibrium real GDP without investment? What is the multiplier effect from the inclusion of investment? What is the average propensity to consume at equilibrium real GDP?
The total assets at the beginning of the year for company XYZ was $60,000 and total liabilities of $40,000. During the year the business recorded $100,000.
Draw an aggregate production function with typical shape and label it "F". Make sure to label the axis of the graph. Now, add two more production functions based on the following scenarios. Efficient institutions are adopted in a country. Label t..
Calculate the equilibrium price and quantity without the price floor, and plot the demand and supply curves in a graph. In your graph mark the initial equilibrium price and quantity. On your graph identify the y-intercept and x-intercept for the d..
a.) Illustrate using a fully labeled supply and demand graph (label all the axes and any lines you put in your graph) what such an artificial price looks like. b.) Explain what the results of such a move are for the graham cracker market. ..
Suppose that the table presented below represents production and cost data from a single firm. The table displays the level of labor (L) and capital (K) chosen.
Suppose the money market in Monia is in equilibrium. What is the initial equilibrium level of interest rate in Monia? Suppose that the central bank in Monia determines that the equilibrium interest rate should be equal to 5%. What is the level of t..
Define the collection source for data. Collect data on the number of visitors from each zone and the number of visits made in the last year.
Calculate the aggregate level of emissions when there is no pollution control.What is the level of emissions produced by each plant?
Suppose the income elasticity of demand for pre-recorded music compact disks is +6.0 and the income elasticity of demand for a cabinet maker's work is + 0.6.
In a perfectly competitive market the demand schedule is p = 600 - 4q0.5 and the supply schedule is p = 30 + 6q0.5. What level of a per-unit tax levied.
Fence posts for a particular job cost $10.50 each to install, including the labor cost. They will last 10 years. If the posts are treated with a wood.
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