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consider two ways to protect your car from theft. The Club ( a steering wheel lock ) makes it difficult for a car thief to take your car. Lojack ( a tracking system) makes it easier for the police to catch the car thief who has stolen it . Which of these types of protections conveys a negative externality? Do you think there are any policy implications for your analysis?
Suppose the government cuts its purchases by $120 billion. As a result, budget deficit is reduced by $40 billion, private domestic decreases by $10 billion,
Assume initially that the demand and supply for premium coffees (one-pound bags) are in equilibrium. Now assume Starbucks introduces the world to premium blends, and so demand rises substantially. Describe what will happen in this market as it moves ..
Compute the own price elasticity of demand at a price of $4. What is the inverse demand curve for the radio station
Allan Sports sells snowmobiles in a Northern Suburb of the Twin Cities. For the third year in a row sales have been dismal.
you have $250 000 in and ira (individual retirement account) at the time you retire. you have the option of investing this money in two funds. fund A pays 2.5% annually and fund B pays 7.5% annually. how should you divide your money between fund A..
The federal government, in an effort to stimulate the economy also decreases taxes on all individuals except those earning over $250,000 per year.
Make sure to properly cite and reference the article in your review, along with any additional sources that you use.
Using algebra find out the effects of this change in cost on profit maximizing output and the optimal profit.
Disclose what the book suggests once the short-term rate is much cheaper than the long-term in interest rate. Substantiate whether or not that is a normal occurrence or a cause for alarm.
How do you think each of the following affected the world price of oil? (Use demand and supply analysis.)
The annual demand for coffee by the U.S consumers is Q = 250 - 10P. Compute the lost consumer surplus?
What is the current target federal funds rate, as of October 24, 2012 and what decision did the Fed make regarding the federal funds rate?
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