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When the oil price drops significantly, what is the effect for Canadian economy as an oil-exporting country? What policies should be implemented to avoid the negative externalities of the commodity cycles?
A consumer has an income of $300 per week, which is spent entirely on two goods, food (f), measured in pounds, and gas (g), measured in gallons. If the price of food is $1 per pound, and the price of gas is $4 per gallon, what is the optimal consum..
A portfolio manager has maintained an actively managed portfolio with a beta of 0.5. During the last year, the risk free rate was 2.5% and equities performed very poorly providing a return of -20%. The portfolio manager produced a return of -10..
In answering questions 1-10, use the following information about the economy of Margaritaville. Margaritaville's production function per effective worker is given by the following expression y = k0.5, where y = Y/(E×L) and k = K/(E×L). Y is real outp..
Analyze the difference between the efficiency of a tax system and the equity of a tax system as it refers to the costs imposed on taxpayers using the benefits principles.
Consider the monopolistically competitive market structure, which has some features of pure competition and some feature of pure monopoly.
Describe factors that will affect Total Revenue, including but not limited to Price elasticity of demand and Factors that influence productivity
Derive the Marshallian demand functions and the indirect utility function, and confirm that Roy's identity holds.
Write a paper about the article "PRISTINE SEAS- Overfishing".
(You will need to use a spreadsheet to tackle these questions.) How much of q can be produced for £60,000 if the total cost function.
Consider an economy that abides by the classical mode. The production function is unspecified, but we know that the Theory of Distribution (ToD)[W/P=MPN] holds. Suppose there is adrop in the level of capital.
The following graph shows the short-run aggregate supply curve (), the aggregate demand curve (), and the long-run aggregate supply curve () for a hypothetical economy. Initially, the expected price level is equal to the actual price level, an..
Assume there is an imperfect capital market. Draw a graph to show the optimal years of schooling for an individual with high access to funds but of low ability and an individual with low access to funds but with ..
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