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Suppose that when he took office in January 2009, President Obama wanted to reduce the level of spending by the Drug Enforcement Administration during fiscal 2009. What budget procedure would allow him to do that?
The difference between a basic “cost-benefit analysis” and a “cost-effectiveness analysis”. In addition, tell me a potential scenario where a cost effectiveness analysis should be used instead of a cost benefit analysis.
Suppose that the opportunity-cost ratio for watches and cheese is 1C ? 1W in Switzerland but 1C ? 4W in Japan. At which of the following international exchange ratios (terms of trade) will Switzerland and Japan be willing to specialize and engage in ..
Discuss and provide application of concepts of supply and demand by identifying two goods and two services you consume at the household or professional level.
Describe three different policies that could be used to increase the growth rate of the potential GDP. Identify whether each policy is aimed at technology, capital formation, or labor supply.
Show how length of stay and seasonal demand stability might be important to a recreational tourism destination. What economics conditions made the growth of tourism possible in the nineteenth century?
Explain how is world currency valued against the US dollar such as Euro and Chinese.
The required return is 7% (EAR). What is the current value per share according to the analyst?
Now that you have your services checklist (from Unit 6), it is time to create the banquet event order (BEO) for all the food functions for your group.
Find a 90% confidence interval to estimate the difference in the percent of students who pass using the two methods.
Explain, using managerial economics, why sports economists believe ticket prices are too LOW. No more than 75 words, please. You can do an excellent job with 40 - 50 words if you are concise.
When sellers have more information about hidden characteristics of a good than buyers have, more low-quality units are likely to be sold than high-quality units.
Would people be better off if voting was more widely used to determine what goods should be produced and consumed? Why or why not?
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