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1) What effect do government intervention, taxation, and regulations have on economic behavior? Explain. What are real-world examples of government intervention, taxation, and regulations? What are the goals of each? 2) What is an externality? Provide at least three
examples. How does one of the examples you provided affect the market outcome?
What is the role of government in addressing the implications of an externality
you provided as an example? Is it possible that a government's solution to a
market failure would worsen the failure? Explain your answer. 3) What are the differences among horizontal, vertical, and conglomerate mergers? Provide real-world examples of each type of
merger. What policy do you think the US should follow toward mergers? Why?
what according to the mainstream theory of the business cycle is the most common source of recession a decrease in
If interest rates or opportunity costs investment, happened to be the same in both developed countries and emerging economy nations, what could account for faster upward shifts in the latter group's planned investment functions Are stocks of produ..
Fronterra, created in 2001 by New Zealand lawmakers, profits some 13,000 dairymen instead of all the citizens of the nation.
What is isoquants and at what point an isoquants are economically efficient?
Go to the Bureau of Economic Analysis on the Department of Commerce's Web site, and look up the latest new release for real GDP. Where are we in the business cycle What is the real GDP today What is the nominal GDP todayWhat is the difference between..
A popular magazine offers a lifetime subscription for $1000. Such a subscription may be a given as a gift to an infant at birth (the parents can read it in those early years), or taken out by an individual for himself.
Consider an infinitely repeated Cournot duopoly with discount factor 0, and inverse demand functions p(Q)=a-bQ, with a>c and b>0. Find the condition on the discount factor, for which the two firms could successfully collude over the monopoly output ..
Review the current status of your selected company and make recommendations for changes with respect to CSR. After careful review of the status of CSR, stakeholder attitudes, and your own research, develop a Social Responsibility Plan for your sel..
Economists also use the principle of comparative advantage to advocate free trade among countries as a better policy. Trade is not based on absolute advantages countries have but the relative (comparative) advantage. 1. Does free trade contribu..
why does a firm in a competitive industry charge the market price?a. if a firm charges less than the market price it
matter transmitter and trading city consider a region with two standardized products bread and shirts that
Which of the following appears as a positive item on the balance of payments account for the United States? If the United States wants to regain ownership of domestic assets sold to foreigners, it will have to increase domestic consumption.
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