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The customer price index was 128.96 in 2006 and, between 2005 and 2006 the inflation rate was 24%. What was the customer price index in 2005?
There are three primary methods of inducing firms to emit the optimal level of pollution: standards, taxes and transferable permits. Compare and contrast these three techniques: describe each and explain its strengths and weaknesses.
When the interest rate on short-term government securities is higher than the interest rate on long-term government securities, we refer to the yield curve (i.e. the relationship between the return on different bonds) as being inverted
suppose a firm has the production technology shown below for goods 1 and goods 2 and respond to the following with an
If both the agency and the board are right about demand and supply, what is the free-market price? What is the change in city population if the agency sets a maximum average monthly rent of $100 and all those who cannot find an apartment leave the ci..
Explain what the new equilibrium point means in terms of GDP and the price level. Based on your understanding of the current health of the economy, was this program successful? Why do you say this?
1. 49 34 and 48 students are selected from the sophomore junior and senior classes with 496 348 and 481 students
Redstone's manager is fired, and you are now the manager of Redstone Clayworks. How many fire pits would you choose to produce and why?
explain in your own words the difference between survivor income benefits insurance and group term insurance. how is
Let Q= Lα Kβ. suppose the firm seeks to produce a given output while minimizing its total input cost. TC=Pι L + P κK. Show that the optimal quantities of labor and capital satisfy L/K=(α/β) (Pκ/Pι). Provide an intuitive explanation for this res..
Give two reasons why can't we compare people with different levels of labor market earnings to measure the income effect for retirement? Make sure to distinguish income and substitution (or price) effects.
Access to health care is defined as the timely use of needed, convenient, acceptable, affordable and efficient healthcare services. How can access be improved in the U.S. health care system? Are there tradeoffs? The more original the answer the highe..
the present value of his endowment would be what? I know the answer is 2500, but I need to know HOW you get this?
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