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In a recent speech, Professor Gregory Mankiw contends that our elected federal leaders should raise the gasoline tax. "Not quickly, but substantially. I would like to see Congress increase the gas tax by $1 per gallon, phased in gradually by 10 cents per year over the next decade. --- Please use the market analysis tool we have learned, discuss the potential impact of the government gas tax. For instance, you can discuss why the free market idea does not work in this industry (or does work in this industry if you disagree that we need government to intervene in this market) in terms of resource allocation. You can also discuss how the proposed tax might change the entry and exit conditions for energy industry, including the renewable energy sources. However, please don't let the above two suggestions limit your thoughts.
Illustrtae what is the current cost of a share of stock for a firm with $5 million in balance-sheet equity.
Discuss the evolution and responsibilities of the Federal Reserve System. What circumstances promulgated both the development and composition of the system?
Production Possibilities Tables for Germany and Canada (note that we are assuming that opportunity costs remain constant along the production possibilities frontier), and that each country produces only these two products).
Explain how much will your industry's total revenues (revenues from both products) change if you increase the price of good X by 1 percent.
Describe the economic causes also consequences of environmental devastation and its impact on achieving sustainable growth and development.
In what ways do the offering MBA courses at other locations create producer and consumer borne value to both the university and the malls? What factors affect the ability of the university and malls to capture value?
Describe the current general interest rates. Is the current interest level one that promotes or retards growth in the economy.
Compare and contrast the monopolist and the monopolistic firm Monopolistic competition is an inefficient form of organisation. Discuss
how to calculate the slope then the intercept. With slope and intercept information supply and demand can be written in the familar.
The supply curve shows a positive relationship between price and quantity supplied. Elucidate role does the loss of increasing opportunity cost play in this relationship? What role does profit play in this relationship.
In light of the theory of comparative advantage, "Are Any Restrictions On Free International Trade Advantageous. Discuss comment on the current issue of "Exporting Jobs".
Explain how does each of the following affect the aggregate demand curve?
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