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Write a paper summarizing some of the consequences of price controls.
To achieve maximum points for content and analysis, the following elements need thoroughly addressed:
Summarize the role of prices in an economy.
Contrast the consequences of prices in a free economy with the consequences of prices in a controlled economy.
Give at least one example of the unintended consequences of price controls.
Meet expectations provided in Paper Writing rubric.
Provide at least two academic resources.
There are two ways for money to be initially deposited into the banking system.
In 1-2 pages, explain the law of diminishing marginal utility and give an example of an opportunity cost you pay personally and another example of an opportunity cost you believe the economy pays because of large military expenditures.
LowFare is a no-frills airline that provides daily shuttle service in the northeast United States. Passengers are predominantly business people who travel between New York and Boston for the day. Identify one measure in each of the four perspectives ..
How does policy development affect the rights of the individual? What is the overall effect? Why should we be concerned?
Using the alternative fuels initiative (ethanol) as an example, explain the cost/benefit approach that a typical economist might take to analyze proposed policy changes?
Anti-poverty programs
Emma spends all her money on sneakers and coffee. Emma’s budget is $50 and the price of sneakers is $10. The optimal bundle for Emma varies with the price of coffee and is as follows: According to the information above what is the price of coffee in ..
Assuming that the current production rates are maintained at the three congress plants, that unusual should management select.
From the first e-Activity, examine and evaluate the disparity of Georgia budget allocation for education and property tax to the various localities.
Suppose a city is considering developing a brownfield site but believes there is a 50% chance the site is contaminated with hazardous waste.
Based on this information, what is the amount of her explicit costs?
For this Discussion, consider the following scenarios that involve transmitting confidential information:
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