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Why might deterrence be enhanced by awarding a share of criminal fines to enforcers? What problems might such a compensation scheme create?
Year nominal gdp gdp deflator ( base year 1996) 2000 9873 118 1999 9269 113 a.what was the growth rate of nominal gdp between 1999 and 2000 b.what was the growth rate of the gdp deflator between 1999 and 2000
Each member of the family has the opportunity to migrate to the nearest city where there are two different types of jobs. Informal jobs are available to everybody and pay $200. Formal sector jobs are more difficult to get and p..
Fisheria is a country in which the quantity theory of money operates. The country has a constant population, capital stock, and technology. In 2010, real GDP was $300million, the quantity of money was $60million, and the velocity of circulation of..
Suppose that every driver faces a 1% probability of an automobile accident every year. An accident will on average cost each driver $10,000. Suppose there are 2 types of individuals:those w/$60,000 in the bank and those with $5000 in the bank.
What is the total number of hours worked per week in theeconomy What is the total output per week in the economy What isthe labor productivity per hour What is the labor productivity perworker in a week What is the unemployment rate
the following information concerning production of wheat and cloth in the United States and in the United Kingdom: Labor Hours Required to Produce One Unit United Kingdom United States Wheat 2 ..
When Groucho's deli lowers the price of their sandwiches by 9% the quantity demanded of Todaro pizza falls by 12%. What is the cross price elasticity of demand for Todaro pizza with respect to the price of Groucho's sandwiches.
Now that India is also opening up to world trade, how would you expect this to affect the welfare of China? Of the United States? (Hint: Think of adding a new economy identical to that of China to the world economy.)
Suppose that a perfectly competitive consant cost industry if initially in short and long-run equilibrium. In general, what will be the effect of an increase of $10 per uni in varialbe coss on he short-run equilibrium price, the short-run industry..
Based on this information, what is the price elasticity of demand for movie tickets at Crown What, if any, other factors could have accounted for some of the decline in attendance leading to an overinflated price elasticity of demand
If the monopolist is left unregulated, what are the market price and quantity, the monopolists profit, consumer surplus, producer surplus, total surplus, and dead weight loss. If the monopolist is forced to produce where P = MC, what are the eq..
Point A 4m barrels oil 200 tonnes lumber Point B 6m barrels oil 150 tonnes lumber a) If we had a PPF with the goods oil and lumber, how would be measure the MC of oil between points A and B
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