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An in-kind transfer is a subsidy A. Of a specific consumption good. B. Repaid by services rather than income. C. Motivated by kindness rather than paternalism in the sense that the subsidized good is not a merit good. D. Organized through the government but financed by private charity.
A nation is enjoying a good economy with high and rising real GDP, expectations for continued growth and profitability, increasing personal incomes and low unemployment (expansionary business cycle). Outline the effects on supply and demand for loan ..
What economic problem might exist for the government to make this fiscal policy change? If the government wanted to achieve the same change in GDP as in part k by cutting taxes instead, how large would the tax cut have to be?
Macroeconomics: A. How do we measure long term economic growth of a country? What are the key determinants of long run economic growth? B. What is the relationship between economic growth and productivity? What is the major source of growth in labor ..
Explain why is presidential power "conditional" - that is, why is affected so substantially by circumstances, the makeup of congress, and popular support.
How would you evaluate Mitchell as a follower? How would you evaluate his courage and style? If you were Mitchell, would you confront Garrow and share your honest feelings and frustrations?
Which of the following conditions may make predatory pricing by incumbents rational?
A few industries in the United States have convinced the political system to allow large firms to work together legally. In particular collegigate and professional sports teams have been given legal authority to cooperate to limit competition. Does t..
Consider the BP oil spill that spawned a heavy public relations campaign after beaches were closed and wildlife was affected. write a two- to three-page paper that answers the following questions: Did BP use a proactive or reactive strategy? Explain ..
In the specific factors model predict who seeks protection against trade and who does not. Explain your answer. How does your answer change in the Hecksher-Ohlin model? Explain
Why is money you receive at some future date worth less to you than money you receive today? If the interest rate rises, what effect does this have on the present value of payments you receive in the future?
Appalachian Coal Mining believes that it can increase labor productivity and, there-fore, net revenue by reducing air pollution in its mines. It estimates that the marginal cost function for reducing pollution by installing additional capital equipme..
If the American auto companies make a breakthroufh in automobile technology and are able to produce a car that gets 70 miles to the gallon, what will happen to the value of the dollar? Use the demand-supply model of the dollar to explain.
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