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According to an article in the New York Times: "Top economists agree a tax on fuels and the carbon they spew into the atmosphere would be the cheapest way to combat climate change." Why would a carbon tax be a cheaper way to reduce carbon dioxide emissions than the command-andcontrol approach of ordering utilities to emit less carbon dioxide and automobile companies to produce more fuelefficient cars?
Source: Eduardo Porter, "In Energy Taxes, Tools to Help Tackle Climate Change," New York Times, January 29, 2013.
Discuss the following.With perfect capital mobility and floating exchange rates, fiscal policy is more ef-fective if the country is more open because of the effect of imported goods on the LM curve.
Goods and services not purchased in markets, such as food produced and consumed at home, are usually not included in GDP. How might this impact our measure of economic well being Should we try and include these types of good when measuring GDP
What is the Construction of ELCB (Earth Leakage Circuit Breaker) and how it works ? and what are the Advantages and Disadvantages of ELCB ?
A colleague tells you that he can get a business loan from the bank, but the rates seem very high for what your colleague considers a low-risk loan. Give an adverse election explanation for this and offer advice to your friend on how to solve the pro..
Do the authors refer to the work of others that they do not agree with? What are the key concepts or the main factors or variables discussed?
Discuss how anti-trust laws promote competition and what might be done to improve existing anti-trust laws. Provide specific examples to support your response.
Explain why a profit-maximizing firm invests up to the point where the marginal rate of return on capital is the greatest and why would producers be opposed to economic regulation in their industry. Give specifics details.
you are the manager of a monopolistically competitive firm. the present demand curve you face is p100-4q. your cost
Why are there extreme disparities in performance among private equity funds relative to disparities in performance among other asset classes and Why do subsequent funds tend to outperform their predecessors
You are Vice President of Supply Chain Management in a major organization. What processes and procedures would you implement to maximize the efficiency and minimize the costs of the transportation portion of your company's supply chain ? What metrics..
A large electric utility company has proposed building an $820 million combined cycle, gas powered plant to replace the electric generation capacity at one of its coal fired facilities. Developed three other alternatives for replacing this electric g..
assume an economy with an ae curve with a slope of 1 where a one percent change in real interest rates changes real gdp
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