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What are forms of price floors to lead inefficiency?
Price floors frequently lead to ineffectiveness in the forms of:
a. Inefficient allocation of sales in between sellers
b. Wasted resources
c. Inefficiently high quality
They also can give an incentive for illegal activity (for example, black labor).
1) Consumption is positively related to stock market wealth but negatively related to taxes and tax rates.
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What are the uses of time series data?
Application of Theory of Consumer Behavior As already discussed earlier, the theory is an important tool to interpret and analyse demand curves. Apart from its usefulness as a
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how do I calculate the chained dollar method for real gdp
Consider the following homogenous difference equation: xt=b0+b1xt-1 a) Iterate backwards xt can be written in terms of xt-2. b) Now show xt can be written in terms of xt-3 a
In an article about the financial problems of USAToday,News week reported that the paper was losing about $20 million a year. A Wall Street analyst said that the paper should raise
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Explain how changes in the quality of health care will influence the demand for care.
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