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Discuss briefly why in the presence of negative externalities efficient (optimum) allocation of resources would not occur and how government can correct the situation.
locate and review a scholarly article found in a peer reviewed journal related to: Unions, Labor Relations, or International Human Resources Management. Explain what you think about the argument. Describe several points with which you agree or disagr..
Who is hurt and who is helped by an increase in the legal minimum wage? Under what circumstances might a higher minimum not reduce employment?
Besides your pricing decisions, what are your suggested nonpricing strategies? What nonpricing strategies will you use to increase barriers to entry?
The Treasury bills that are purchased by the Fed are not part of our national debt. The national debt is equal to the dollar amount of outstanding Treasury bills and bonds. The Treasury must sell bills in the amount of the deficit and hence enters on..
Compensating differentials explain in part: how unions derive their bargaining power; why some people choose to aquire more human capital thatn others; how the income and substitution effects interact;
"The observation of rising interest rates should always be interpreted as an indicator of economic decline while falling interest rates should always be interpreted as a an indicator of economic expansion." In preparing your comments bear in mind tha..
Describing how the average and marginal grade concepts, and other economic concepts which we have covered up to this point, relate to your everyday life. Begin by stating your average grade either as a percentage or as GPA.
In 2011, the government of a nation established a price support for wheat. The government’s support price has been above the equilibrium price each year since, and the government has purchased all wheat over and above the amounts that consumers have ..
Twin deficits occurred in the 1980s reveal that huge government budget deficit may result in trade deficit. However, by the late 1990s, the federal budget deficit had moved into surplus, but the current account deficit widened. Can you explain the ca..
Praxilla, who lived in ancient Greece, derives utility from reading poems and from eating cucumbers. Praxilla gets 30 units of marginal utility from her first poem 27 units of marginal utility from her second poem, 24 units of marginal utility from h..
Explain briefly the various parts of the circular flow diagram representing the interactions between households and firms in a simple economy.
The selected project should be large enough to allow reasonable exercise of the system analysis and design process.
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