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Global solutions for local gridlock Gridlock in Toronto already costs the region $6 billion a year, with average commute times of 80 minutes, among the highest in North America. By 2031, commute times will increase by 27 minutes. Civic leaders are looking at the options: road tolls, a regional gas tax, and parking levies. With road tolls, a regional gas tax, and parking levies would Toronto roads become less congested? If the new charges cut commute times, would the Toronto road system be more efficient? Explain your answers
compute the input capacitance of the circuit.
Assume that there are a large number of identical firms in a competitive industry, each with the cost function: TC = 25+4q+q2 a. What is the minimum price at which firms will continue operating in the short run In the long run
Describe what Smith meant by the "invisible hand." What is the mechanism by which selfish interests are made compatible with-indeed, made the agent for- successful social provisioning?
Prepare a graph of sales and net income for the years 2013 - 2016. For the purposes of this exercise, assume the following historical sales and net income figures for Joe's Fly-By-Night Oil.
An investor bought 100 shares of stock at a cost of $10 per share. He held the stock for 15 years and then sold it for a total of $4000. For the first 3 years, he received no dividends.
Find the optimum commodity purchases for a consumer whose utility function and budget constraints are U=(x^1.5)(y) and 3x+4y=100 respectively. a. Show that the first-order conditions for a constrained utility maximum.
the table shows the miaximum amount of money you would be willing to pay for increasing numbers of chicken pieces at
Suppose a permanent rise in domestic government spending, by creating the prospect of future government deficits, also raises ρ, that is, makes domestic currency deposits more risky. Evaluate the policy's output effects in this situation.
the T-account for First City Bank, the only bank in a small economy. In addition to the bank deposits of $500,000, citizens hold $200,000 in coins and currency. what will the new level of reserves be before the bank
Suppose that the price of hamburgers is $1 per hamburger and the price of steak is $8 per steak. Moreover, suppose that Corey can spend $100 per month on these two foods. Sketch Corey's budget line for hamburgers and steak given this budget.
tennessee just instituted a state lottery. the initial jackpot is 100000. if the first week yields no winners the
What is the difference between the interest rate on one-year dollar deposits and that on one-year euro deposits (assuming no repayment risk)?
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