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1) Do you think Rawlsian "Veil of ignorance" moral philosophy is consistent with or contrary to utilitarianism?
2) True, False, or Uncertain and briefly explain (your explanation is what counts). "Even exceptionally well executed studies tend to overestimate the cost of pollution abatement, because analysts conducting the studies cannot conceive of every possible way of reducing pollution."
When the wage rate increases, individuals recognize that the opportunity cost of leisure has risen, choose to substitute labor for leisure, and thus offer to work more hours. This is called the
How does organizational culture affect innovation? Are there any guidelines we can develop and implement in organizations that will enhance our innovation capabilities? Include examples.
Further assume that the marginal cost of producing a pack of cigarettes is $6, and that the market for cigarettes is perfectly competitive. Assume that each pack of cigarettes smokes does $6 worth of health damage to the smoker in the form of incr..
According to the classical model, to ensure that the economy reaches its potential output level, the government
Illustrate what was the growth rate of the GDP deflator between 1999 and 2000.
According to this Application, after the government deceased cigarette taxes in several Canadian provinces in 1994, the decrease in the price of cigarettes in these provinces A) more than doubled the smoking rate. B) created no noticeable change in t..
A study indicates that the weights of adults are normally distributed with a mean of 140 lbs and a standard deviation of 25 lbs.
Draw the budget constraints, indifference curves, and the income consumption curve for a good (bagels) that has an income elasticity that is perfectly inelastic on horizontal axis, and another normal good on (salads) on the vertical axis.
Americans consume about 375 billions gallons of gasoline every day, and the corresponding price-demand equation was estimated to be x=f(p)=675-75p. Use E(p), the Elasticity of Demand to determine the price interval over which raising the price of gas..
which will rise more in the future GDP or GNP? Why? What do we call this type of investment?
five firms supplied amateur color film in the United States: Kodak, Fuji, Konica, Agfa, and 3M. From a technical viewpoint, there was little difference in the quality of color film produced by these firms, yet Kodak's market share was 67 percent.
The existence of ability bias causes estimated rates of return to education to _______ the actual rate of return for a typical individual. The existence of ability bias causes estimated rates of return to education to _______ the actual rate of retur..
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