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Suppose someone observes that people in areas where residents have more education tend to donate more money for local parks than do people in in areas where residents are less well educated. Does this justify public subsidization of education?
The current market rate for rental housing in your town is $600 per month. Suppose that college students persuaded the town council to enact a law setting the maximum price for rentals at $400 per month. How would this affect the rental market in you..
When comparing perfect competition and monopoly, a major assumption made is that
Identify and discuss at least two economic phenomena for which the linear-in-parameters/linear-in-variables regression model may not be appropriate (besides any mentioned in the text).
Consider competitive markets, monopolies, and oligopolies. Illustrate what role does each of these play in an economy.
Consider a 1-year forward contract on a stock that pays no dividends in that year.
Assume that you borrow $15,000 for five years (annual payments) at a market rate of 5%. Assuming that inflation is 3.5%, what would the equivalent equal annual payment be in constant dollars?
q1. if the impact of the u.s. imposed on japan voluntary export restraint of passenger cars to the u.s. from 2000000
1) Distinguish between explicit and implicit costs, and between normal and economic profits.
Most countries use a combination of markets and government intervention to solve the economic problem of how much to produce and consume.
A demand equation for a product is given byQ = 60 - 3P Find the total revenue generated by sales in the market at a price of P = 11.
Discuss the possible impact on the current account of the balance of payments and the UK economy of an increasing rate of inflation throughout the global econom
In each of the following examples, identify whether the person is counted in the official labor force or not: Are the following: Cannot be classified this way? In the labor force? Not in the labor force?
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