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For each of the externalities you listed in your answer to exercise 20.1, identify the missing market or markets that are responsible for the externality. Would it be possible to create such a market? If so how? If not, why not?
which is an accurate description of the revolution? A. it never had majority support b. two thirds of the population either opposed it or did nothing to support it c. It became a popular war, maintaining wide spread popular support after 1776 d. A..
What major religious difference between Latin (Catholic and Protestant) Christianity and Eastern Orthodoxy resulted from their very different political contexts after the 400s?
Suppose the total market value of all final goods and services produced this year in economy X is $4 million. Of the $4 million worth of goods, $3 million is sold and $1 million is held in inventory. For this year, the GDP for economy X is
Draft the source selection criteria that might be used for evaluating proposals for providing laptops for all students, faculty, and staff at your college or university.
The short-run aggregate supply curve (SRAS) can be written as follows: Y = Yf b (p - pe), where Y = real GDP, Yf = full-employment real GDP, p = price level, pe = expected price level, and b is a positive coefficient. The SRAS can be re-written as..
Assume that the consumption schedule for a private open economy is such that consumption C=50+0.8Y. Assume further that planned investment Ig and net exports Xn are independent of the levelof real GDP and constant at Ig=30 and Xn=10.
Is the paper well-organized, first presenting background information, then providing an overview of economic reasoning that is useful for understanding the issue at hand, then supporting the thesis by referring to economic reasoning and evidence, ..
In the second quarter of 2006, household income was $13,134 billion, consumption was $9,162 billion, investment was $3,340 billion, and net exports were -$777 billion. What was the level of government spending in the second quarter of 2006
Assuming R1 = 500 Ω and L1 = 0:18 μm, determine W1, RF, and RD.
Pay scales of federal government employees are determined according to each employee's government serve (GS) rating. GS-10 experienced accountants with the Government Accounting Office (GAO) were reported to earn salaries that are approximately no..
How would your policy have affected interest rates and real output during the period in question? What would be the benefit of your policies?
what extra semiannual expenditure for five years would be justified for the maintenance of a machine in order to avoid an overhaul costing $3000 at the end of five years. assume nominal interest rate of 8% componded semiannually.
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