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What is the role of government in the economy. Should the government solve social and economic problems. Should we privatize more services or have more regulation?
1.With reference to examples, explain 3 three () ways how imperfections in the market for capital can affect the land and real property markets
Imagine three little girls sitting in a circle, each wearing either a red hat or a white hat (no girl can see the color of her own hat). Suppose that all the hats are red. When the teacher asks if any student can identify the color of her own hat, th..
"Variations in medical care use probably arise from the educational level of doctors, with less trained doctors using either too much or too little care and better trained specialists using about the right amount of care.” Comment.
If the only pool cleaning service in town charges $50 per cleaning, he has 10 weekly customers and wants to add an 11th customer, and he needs to drop his price
Please explain what compounding is and how it can affect return on investment (or interest rate). Providing a numerical example (you can create your own) would
Explain how can the central bank use the monetary policy to promote economic growth and fight recession.
The National Safety Council (NSC) estimates that off-the-job accidents cost U.S. businesses almost $200 billion annually in lost productivity (National Safety Council, March 2006). Based on NSC estimates, companies with 50 employees are expected to a..
Your friend, Sarah Occupy, is complaining, “The one percent is at it again! They want to cut the payroll tax that employers pay to finance unemployment insurance. This will help employers but do nothing to help the workers.” Is Sarah right or wrong? ..
Complete this statement by filling in the blanks with the words "increase" or "decrease": The entry of an additional firm in a mon. comp. market _____________ the profit per unit of output because entry ________ the price and ____________ the average..
What's the free-rider problem? How can it be managed?
A company borrows $100,000 today at 12% nominal annual interest. The monthly payment of a 5-year loan is most nearly? A tractor cost $7,500. After 10 years it has a salvage value of $5000. Maintenance costs are $500 per year. If the interest rate is ..
Why would the neoclassical approach (right-wing) favor user fees, two tier systems and for-profit health care?
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