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I need help with a some discussion questions.
1) Government intervenes in the free market by many different ways. For example, regulators may use price controls, impose taxes on consumers as well as on producers and give subsidies to producers. What would be the intended outcome in the market by each of the above government actions? Give a real-world example of how government intervention in the free market affects the demand for or supply of a product or service you use or a product or service produced at your workplace.
2) Under antitrust policies, the government breaks-up some dominant firms, prevents corporate mergers, and regulates some business practices that reduce competition. What are the major antitrust laws in the United States? Discusses several major antitrust cases in the United States. Discuss how the US economy will likely differ today if AT&T had not been broken-up. How do these laws affect (or affected) your work place or products used at your work place?
Assume the new leadership in Congress decides to repeal some of the tax breaks granted to large businesses throughout the past several years. What impact will the repeal have on the exporting of jobs to foreign countries? describe by using isoquant ..
A child of a wealthy family is deciding either to work or not work also mooch off her parents. Asume that she is offered a job which pays.
Describe the uncontroversial final effect of a contractionary monetary policy and an expansionary fiscal policy.
Explain how does each of the following affect the aggregate demand curve?
Illustrate what is the optimal cost that the dealer should sell the tire to the customer.
Illustrate what are institutional arrangements. Why are they considered important fundamental determinants of economic growth and development.
You can lease the similar piece of equipment, delivered and installed, for an all-in cost of $65,000 per year, for three years, payable at the beginning of each year.
Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.
Compute the cross-price elasticity of demand between goods X and Y at the given prices.
This post denotes a practice question for the Sherman Act.
Discuss the appropriate discretionary fiscal policy that the government should adopt, given the above situation.
Let the market demand for rye bread be given by Q = 500 + I - 250P rye + 400P wheat , where Q is monthly demand in number of loaves, I is average monthly income in dollars
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