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In 2011, the Deepwater Horizon oil spill in the Gulf of Mexico causd heavy damage to the fishing and tourism industries of Louisiana and other coastal states. In addition, there were long-term ecological impacts on fish and wildlife. Describe how this might be accounted for in the 2011 national accounts of the United States, if they were environmentally adjusted: A: In terms of depreciation assets B. In terms of flows of produced goods and services (Describe in detail how two approaches to assigning dollar values might be applied)
Suppose that the position of a nation’s long-run aggregate supply curve has not changed, but its long-run equilibrium price level has increased. Which of the following factors might account for this event?
q.demonstrate the demand and supply program for calculators in norway and sweden. on graph paper sketch the demand and
Suppose you own a car wash and that its total cost function is C = 20 + 2Q + .3Q^2 where C = total cost in dollars per hour and Q is the number of cars washed per hour. You receive 5 dollars for each car washed. Derive the firm’s short run supply cur..
the changes that would occur to the jalapeno pepper market if suddenly Mexican food became popular, especially spicy Mexican food.
Discusss the effects to the equilibrium price level and GDP. Make sure to address consumption, disposable income, and aggregate demand in your answer.
Illustrate what is the marginal cost of one of the 50 newspapers folded also bagged by the fourth student.
What is the short term economic benefits and costs associated with the current high federal government budget deficits?
Suppose a nation picks 1000 young adults at random to serve in the army. Illustrate what information do you need to determine the cost of using these people in the Army.
What is the variable that balances the money demand and supply in the liquidity-preference and the classical theories?
Elucidate how an economist could use the slope of the yield curve to analyze the probability that a recession will occur and why the spread may matter.
The study aims at assessing the market potential of Ireland-produced baby formula products in Chinese market.
q1. you own a small town movie theatre. you currently charge 5 per ticket for everyone who comes to your movies. your
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