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Please explain the meaning of positive and negative externality. Discuss how the government can solve the problem created by a negative externality.
What type of ICMP attack would be the most difficult to prevent? and why?
What is the difference between aggregate demand and aggregate expenditure?
How do you draw aggregate demand and supply curves for inflation and deflation showing price level and GDP? Suppose the economy faces a recession, how will the federal bank stimulate the economy ? How can Hymen Minsky's theory can be linked to the fi..
Suppose that firm 1 and firm 2 operate under conditions of constant average and marginal cost but that firm 1’s marginal cost is c1 = 10 and firm 2’s marginal cost c2 = 8. Market demand is Q = 500 − 20P. Supposee two firms practice Cournot competitio..
Do you think that the tit-for-tat strategy will be successful in maintaining cooperation in cases where the repeated prisoners dilemma is being played with a finite time horizon (i.e. players know when the game will end)? Explain. Imagine that you ar..
Suppose for the sake of this problem that the U.S. can be modeled as a small open economy.
If you were to learn about a bottle of gatorade increased in size from 2009 to 2010, should that information affect your calculation of the inflation rate. If so, how.
What is social welfare policy, and why do social work students need to understand it? What is a strengths perspective in social policy? Does it seem valuable and important to you to use a strengths perspective in developing and analyzing social polic..
The firm's retained earnings total $1.2M. The return on equity is estimated to be 11%. What is the firm's cost of capital:
Is your answer consistent with illustrate what you would expect to find with the liquidity preference framework.
Price for a firm under monopolistic competition is: An industry with a large number of relatively small firms producing differentiated products in a market with easy entry and exit firms is: Refer to the above data for a monopolist. This firm will ma..
Explain the procedure set by government and its effectiveness. What will be the economic effects with reference to growers?
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