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Discussion Question- "The 80s and Deregulation"
Please respond to the following: (Note: Please respond to one of the following two bulleted items in a primary posting of at least 125 words.
1) Discuss two areas of the United States economy that Ronald Reagan deregulated in the eighties. Explain at least two methods the Reagan Administration used to deregulate these particular agencies or programs. Explain the fundamental reasons why you believe that these agencies or programs came under Reagan's scrutiny in the first place. Provide a rationale for your response.
2) Discuss at least two areas in which these deregulation policies impacted the U.S. economy overall and may have had roles in laying the foundation for the Great Recession of 2008. Provide a rationale for your response.
A delivery van can be insured for a net annual premium of £861.64. The net premium may be paid in 52 equal weekly installments, but then a charge of £1.10 is added to each installment.
Set up a diagram showing the firms total revenue and total cost schedules. In this diagram, show the points at which the firm is maximizing profits.
In a simple model of duopoly, two company manufacture the same good, for which each firm charges either a low or a high price. Each firm wants to achieve the highest profits.
Describe how the budget constraint of a household in a two-period model is affected by each of the following changes. In Each Case, do you think the household is better off, or worse off, or is it ambiguous If ambiguous.
Elucidate how your explanation differs from the explanation for the downward sloping demand curve for a single product.
Briefly discuss and illustrate the circumstances under which the minimum wage would (1) not lead to unemployement, amd (2) not cause a reduction in the total earnings of low-wage workers who are still employed.
Assume bread is subsidized in a small Caribbean nation with a high percentage of citizens who live in poverty. The subsidy is paid to suppliers of bread through government in amount of 50 pesos per loaf.
Examine how well the firm has operated in the past. Analyze the firm's current state and performance. Discuss plans and possibilities the firm has for the future.
Elucidate how could this technological change contribute to ending bottlenecks and rush hour congestion. What are some of the problems that might develop with such a system.
Also, what would happen to the government multiplier under conditions of perfectly flexible prices.
Over the past few weeks, we have had the opportunity to explore the roots of political philosophy. Let's take a moment to focus in upon the idea of democracy. What is the true definition of democracy?
Explain how an increase in interest rates initiated by the Federal Reserve affects:
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