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If the primary objective of government programs in each of these areas is the alleviation of some market failure, how might they be better designed? (a) Farm price supports (b) Oil import quotas ( in the 1950s) (c) Special tax provisions of energy industries.
Graph the aggregate demand and supply and explain the effects on the short-run price, output and employment effects for each of the following events.
Graph the dynamically efficient market for two periods on one graph and graph the dynamically efficient market for each period on it's own graph. Suppose the government sets a price control equal to 20.
The presence of so many commercial banks in the United States is most likely the result? of:
The production possibilities frontier model shows that
The gap between a country's potential output and its consumption is most directly related to its:
The wall street journal reported that Japan’s No 4 automaker-Mitsubishi Motors- announced a major restructuring plan in an attempt to reverse its 6 percent declining global sales,. Determine the rate at which Mitsubishi can rent capital and the margi..
what additional information would be useful in the pricing decision? What would be your recommendations for setting up a model to forecast future demand for this product?
Discuss the correlation between GDP growth and health outcomes. Compare short-term trends vs. long-term trends. Why would this be an example of the fallacy of composition in health economics?
Who compiles data for the national accounting in US? How GDP is measured through income approach? How GDP is measured through expenditure approach? What are the differences between income and expenditure approaches in measuring GDP?
Complete the following table by indicating whether or not each scenario is an example of price discrimination. Last-minute "rush" tickets can be purchased for most Broadway theater shows at a discounted price.
Examine the major complexities that would arise under expansion via capital projects in the low-calorie, frozen microwavable food industry. Propose key actions that a company could take in order to prevent or address these complexities.
Consider the method of calculating the present value of a college education, shown in the spreadsheet in the spreadsheet linked to in the Course Content slides. How would you change the calculation to make it more realistic, or more applicable to you..
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