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1. Is the present tax system in the U.S. fair? Please explain how improvements could or could not be made to obtain greater equity.
2. Is the Affordable Health Care Act (Obama Care) good for America? Explain why or why not? What would you put in place or how would you improve the current system?
3. What is the WTO and to what degree does U.S. participate with it?
4. Now that you have watched %u201CFreakonomics%u201D what is your appraisal of the film?
5. Was the movie%u2019s examples "Real World" and presented without any particular bias?
6. Was anything really memorable about the films?
Suppose that a calculator company operates in a perfectly competitive marketplace producing 5,000 Calculators every day.
The stock is now selling at $62.50 per share. If the current price holds until the first of the month, and Sam exercises his option, how much will he make this year?
Do wages clear when the wage equals two. Do we know whether the equilibrium wage is higher or lower than two.
Assume the United States economy is in a deep recession explain how does this recession affect the US major trading partners such as China, Canada and Japan.
Illustrate what is the individual's optimal consumption in each period. Explain how much saving does he or she do in the first period.
A car manufacturer claims that its vehicles average at least 25 miles per gallon.
Illustrate why might Fourth of July fireworks be considered a public good. who should pay for them. what about airport security.
Suppose the firm chooses this input combination. What is the firm’s short run cost function? What are the firm’s fixed costs? What are the firm’s variable costs?
In a waiting line model situation, arrivals occur around clock at a rate of six per day and service occurs at one very three hours. Assume Poisson and exponential distributions. Illustrate what is Mean Arrival Rate λ
Law of demand does not hold since attendance at the major league parks has dropped while at the same time ticket prices have fallen.
Illustrate what did classical economists assume about flexibility of prices, wages and interest rates. Illustrate what did this assumption imply about self-correcting tendencies in an economy in recession. Illustrate what disagreements did Keynes ..
Equilibrium in the market occurs at a price of $2,500 and a quantity of 10,000. Draw the demand curve that must exist if consumers bear the entire burden of a $500-per-TV tax imposed on this market
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