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Use an example to illustrate an explanation of why moving from a total catch restriction to a quota system is likely to lead to better biological and better economic outcomes.
Net foreign direct investment has been a (significant) positive number for the US since the mid 1980s. That represents more investment flowing into the US than out. Given that, one would normally conclude that the flow of net interest payments would ..
Show the equilibrium in the above economy (as described in Question3) on a properly labelled diagram using Demand and output lines. If the economy's current production is at $1800 million, how would you characterize the situation in the economy? What..
What do you think he would suggest as an economic plan for our economy. Would they agree or disagree with the current policies.
Explain why a person starting up a small business probably stands a better chance of raising money by applying for a bank loan than by issuing bonds. Banks now control only about half as much of the total financial intermediary assets as they did abo..
You work for an unemployment agency that distributes unemployment checks to unemployed workers in California. Your boss recently learned that the Governorhas proposed a 21 percent increase in the state minimum wage, and wants you to provide her with ..
q1. something went wrong when you completed the integration on the questions. for example on question one the q should
"The Neoclassical/Neoliberal Dogma," and chapter 6, "A Radical Economic Perspective," from Naming the System: Inequality and Work in the Global Economy by Michael D. Yates. Comparing the key arguments made by neoclassical and radical economists. T..
Suppose that there are 20,000 hours of labor available in country A, and that 5 hours of labor are required to produce one unit of S, while 4 hours are required to produce one unit of T. Draw A's PPF and find its slope. What is the relative price of ..
Consider the production function q=4L^.3K^.8. In the short run, assume K=5. Derive formulas for Total Product, Average Product, and Marginal Product. Graph these three functions.
Suppose that for Italy in 2008, exports 400 billion euros of goods and 300 billion euros in services, imports equaled 500 billion euros of goods and 350 billion euros of services, and the rest of the world purchased 250 billion euros of Italy’s asset..
Your firm has a cost function C=6+4Q+Q^2. (The corresponding average cost function is AC=(6/Q)+4+2Q and the corresponding marginal cost function is MC = 4+2Q). What is the optimal ouput if the price of your product is constant at P=20?
There is an OPEC cartel that reduces the production of world oil by several million barrels a day. Which of the following correctly captures the effect of this change on the market for gasoline?
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