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1. How would you treat the activities of criminals in GDP accounting? What about the ac- tivities of the police force?
2. The Beatles claimed that "I don't care too much for money, money can't buy me love." (Shortly after ?rst making this claim they joined the ranks of the richest people in the world.) Does their claim undermine the use of GDP to measure welfare?
commercial recording inc. is a manufacturer and distributor of reel to reel recording decks for commercial recording
The council decides to allow a boat to fish in the lake only if its owner buys a fishing licence. To maximize total profit (of citizens and council), how many groschens should the council charge for a licence?
In Risky business one needs to perform a thorough research. In fact more than the routine research. Especially, if one has quite a bit at stake! Any comments or interesting story to share? Do you have any ideas about a News venture that you like to s..
You are to select a newspaper/magazine/web article for economic analysis. The article must relate to Micro Economics. The article must also have been written after 1st June, 2012. You are to apply your economic theory to explain and analyse the newsp..
A shift in supply curve for gasoline in united states would result if stop sales of crude oil?
What is the price elasticity of demand for a representative gasoline retailer's product?
manner inc. has 5000 shares of 5 100 par value noncumulative preferred stock and 20000 shares of 1 par value common
much has been made of the fact that people dont consistently act with scientific rationality. what is meant by
The table below shows the amount of consumption, planned investment, government purchases, net exports, net taxes, and planned aggregate expenditure at every output level for a hypothetical economy. (All numbers are in millions of chained 2000..
Why does the economic transfer price to the consumer include implicit cost (normal profits, externalitiea, and other unrecorded cost) which you do not find in accounting cost? 2) What are short run and long-run periods of economic? Does the Law of ..
Suppose the consumption expenditure is C = $100 billion + 0.9*Y. Investment (I) is $100 billion, government spending (G) is $50 billion and exports (X) are $100 billion. Imports depend on the level of income as follows: M = 0.1*Y.
Describe the likely effects on the total welfare (surplus) of society of the status quo, i.e., do nothing and let the market decide.
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