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What would happen if we eliminated taxes and paid government programs with voluntary contributions instead?
Suppose there are two identical factories on a river. Both require clean water for their production processes. The upstream firm gets clean water from the river and dumps dirty water into the river. The downstream firm must clean the water it gets..
Write an essay on the transformation of credit in the US economy. How did this happen (key events and new financial products?)? How has macroeconomics accounted for this transformation? Explain the terms ‘procyclical Leverage’ and ‘procyclical liquid..
Consider the market for natural gas. Suppose that a new drilling technique is invented that allows for the economical extraction of resources that were currently uneconomical to extract. What happens to the equilibrium price? What happens to the equi..
Suppose, if ill, your demand for health services is summarized by the demand curve Q = 50 – 2P, where P is the price of services. How many services do you buy at a price of $20? Suppose that your probability of illness is 0.25. What is the actuariall..
A division of a large corporation is considering the purchase of a new tunneling X-ray microscope for $370,125. The projected net benefits from gains in materials engineering is projected to be $125,000 in today’s real dollars for the first year, inc..
The United States can make certain toys with greater productive efficiency than can the China. Yet we import those toys from China.
A cyclone hit Australia destroying many banana crops. Assume the banana growing market is a perfectly competitive market, show a theoretical model explaining the equilibrium position (profit/loss situation) for an individual banana producer before th..
q1. jaes building a corporation which follows short-run cost functionq3 - 10q2 36q.a. illustrate what is the level of
What policy rule do monetarists believe the Fed should follow? What are the major assumptions underlying this policy prescription? What average annual inflation rate would a monetarist expect if the Fed maintained a growth rate of M2 = 10% per year f..
Johnny B. Good wishes to have $3000 after 3 years in an account that draws 6% nominal interest compounded monthly. How much must he deposit each month, starting
What would you say to someone who says a lack of leadership is the central factor in Africa's continued poverty compared to the rest of the world?
What has been happening in Florida in general in terms of unemployment over this time period. What about for GDP.
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