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For the sake of argument (and this assignment) assume that global warming is a fact, caused by human activity and that it can be fixed by taxing producers for the amount of carbon they release. The problem is that this tax would greatly increase costs for everyone. Using this scenario please answer the following questions:how would this situation be described in normative economics?
1) Ken will receive a $5,000 annual payment from a family trust. This will continue until Ken in 30; he is now 20. Inflation averages 4% and Ken's real MARR is 8%. If the first payment is a year from now and a total of 10 payments are to be mad..
What was the incentive framework of the main agents involved before the policy was implemented? And what was the incentive framework implied by the policy?
Suppose the central bank tightens monetary policy, raising the real interest rate from 2 percent to 4 percent. By how much does the user cost of capital rise?
aaron hank is a star hitter for the bay city baseball team. he is close to breaking the major league record for home
Myra receives a $20,000 gift from her cousin and inherits $80,000 in corporate bonds from her Aunt. Myra receives $7,000 in interest income from the bonds. How much does Myra include in gross income?
Do you think that monetary policy should cooperate with fiscal policy? If so, why? How could their joint actions affect the level of the debt-to-GDP ratio?
Entrepreneur edward is planning to open a business selling ice cream.He wants a report outlining five specific events that can be expected to cause the equilibrium price of ice cream to increase.
Behavioral researchers have developed an index designed to measure managerial success. The index (measured on a 100-point scale) is based on the manager's length of time in the organization and his or her level within the firm: the higher the inde..
a.) Complex systems such as the climate are characterized by thresholds and feedback loops. Describe 2 positive feedback loops for global climate change. Describe 2 negative feedback loops for global climate change.
Based on your understanding, are there circumstances in which it might be possible that deficits could increase productivity and long-run growth
Why is social stratification Universal? What shifts in global stratification seems to be taking place? Why?
Graphically illustrate short-run supply. Also include on your graph the long-run aggregate supply curve. At what point must the short-run aggregate supply curve and the long-run aggregate supply curve intersect.
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