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Discuss the factors that determine the marginal cost of reducing crime. Discuss the factors that determine the marginal benefit of reducing crime. Would it be economically efficient to reduce the amount of crime to zero? Briefly explain.
You take $100 that you had kept under your mattress and deposit it into your bank account. If this $100 stays in banking system as reserves and if banks hold reserves equal to 10% of deposits,
Elucidate the steady state level of capital and how savings affects output and economic growth. This provides a brief introduction to the solow framework.
Elucidate what is the effect of an increase in the quantity of money. What is the difference between real variables and nominal variables.
Suppose that a small town uses a referendum to overcome free ridership problem & determine how its residents might value a new water filtration system for its public water supply.
Find the equilibrium quantity and price. What is the total health expenditure on the services considered in the demand-supply functions?
Simon purchases a bond, newly issued by Amalgamated Corporation, for $1000. The bond pays $60 to its holder at the end of the first and second years and pays $1,060 upon its maturity at the end of the third year. a, What are the principal amount,..
Elucidate how the firm can use transfer costs to lower the corporate tax burden, which is 34% in the U.S. and 30% in the foreign location.
During the late 1980' and early 1990's, economic reforms initiated by Soviet President Mikhail Gorbachev began to raise consumer incomes; but the Soviet government continued to impose price ceilings on basic goods like food, clothing and household..
The widget market is competitive and there are no transaction costs. Five different suppliers are willing to sell one widget at each of the following prices: $30, $29, $20, $16, and $12. Five different buyers are willing to buy one widget at each ..
Suppose an economy only produces single consumption well. Consider permanent upward shift of production function. Graphically describe the effects on each of following:
What are the implications of a U.S. policy to "buy American" wherever possible in government contracting How could such a policy create challenges for trading partner relationships What would you propose if you were in Congress
The last free cash flow for a company was $51 million and it is expected it to increase at a constant rate of 4% indefinitely. The company's weighted average cost of capital is 12%.
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