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What are some examples of in-kind transfers? Why do some people prefer that the government provide cash payments to the needy instead of in-kind transfers?
Evaluate each question, explaining in 2 sentences per question why each of these questions is problematic. In the course of criticizing each question, demonstrate your knowledge of several key features of Chinese religious culture. Be sure to give..
One year ago, you bought a bond for $10,000. You received interest of $400 at the end of the year, as well as your $10,000 principal. If the inflation rate over the last year was five percent, calculate the real return.
Suppose that the velocity of money is not constant but is growing at 1% per year. Real GDP is growing by 5% per year. If the central bank wants to reduce the rate of inflation to 3%, what must be the new rate of money growth? If the real rate if r..
a. Calculate the total fixed costs, total variable costs, average fixed costs, average variable costs, average total costs, and marginal costs. Total Output Cost TFC TVC AFC AVC ATC MC 0 $20 10 $40 20 $60 30 $90 40 $120
Planning, Siting, and Permitting of Landfills: Outline the steps for constructing a landfill. What factors can affect the volume requirement of the landfill over time? What are some examples of fatal flaws that should be considered in the construc..
according to solows model of economics, what determines the rate at which a nations income per person grows based on that model, what sort of public poicies would be able to increase the growth rate in income per person
Discuss which members of society are likely to perceive the trend you are discussing from which perspective. For example, attending Justin Beiber's movie (or concert) could be understood in a number of different ways using these theories; which me..
For what levels of output does your firm have economies of scale? Is this a case for natural monopoly Why (b) Now assume you are a monopolist, and the demand for your product is P=2000-5Q. What price will you charge How much deadweight loss will ..
The local operations manager for IRS must decide whether to employee 1, 2, or 3 temporary employees. He determine that net revenues will vary with how well taxpayers comply with new tax code.
You are choosing between two goods, X and Y, and your marginal utility from each is as shown below. Units of X MUx Units of Y MUy 1 10 1 8 2 8 2 7 3 6 3 6 4 4 4 5 5 3 5 4 6 2 6 3 If your income is $9 and the prices of X and Y are $2 and $1
Typically farmers make production decisions for the current year using the previous year's crop prices (or a weighted-average of several previous years of crop prices). Since carrots are planted year-round, it is not unreasonable to specify curren..
Suppose that the Fed's inflation target is 2%, potential output growth is 3.5%, and velocity is a function of how much the interest rate differs from 5%: %^V= 0.5 X (i-5). Suppose that a model of the economy suggests that the real interest rate.
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