Prevent the transmission of covd-19

Assignment Help Business Economics
Reference no: EM132559446

1. Explain why it would generally not be considered wise economic policy for a government to attempt to achieve a balanced budget every year.

2. Use the concept of externalities to explain why if left to private decisions, the usage of face masks to prevent the transmission of COVD-19 is likely to be inefficiently low.

Reference no: EM132559446

Questions Cloud

Determining what aspects of public policy must be included : Identify What Is Significant. A difficult task in applying any model is determining what aspects of public policy must be included.
Preparing financial statements at the end of the year : What if you really believe the lower profitability is caused by factors outside your control? Would this make the false reporting acceptable?
Demand for gym memberships : Suppose there is a permanent decrease in demand for gym memberships.
Explain the meaning of each ratio : Explain the meaning of each ratio. (What information does it provide?) Do companies want the ratio to be a higher or a lower figure? Why?
Prevent the transmission of covd-19 : Explain why it would generally not be considered wise economic policy for a government to attempt to achieve a balanced budget
What the beta of the market will be : If the overall stock market will produce a rate of return of 12.5%, the beta of the market will be _____________ . Provide numerical answer to 2 decimal places.
Leadership efforts within your organizational setting : Discuss and least two concepts that would improve your own leadership efforts within your organizational setting.
Determining the type of unemployment : Consider the individual described below. Which type of unemployment would you suggest that they most likely belong to? Explain.
Explain the meaning of each ratio : Explain the meaning of each ratio. (What information does it provide?) Do companies want the ratio to be a higher or a lower figure? Why?

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd