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During the energy crisis of the 1970s, and again in the last 5 years, Congress bemoaned the "price gouging" and "windfall" profits of the major oil companies. In the 1970s Congress imposed an "excess profits tax" on these companies. It did not do so this time? What does this change show about how our understanding of the way the price system works to allocate resources has evolved? If "excess profits" are taxed away, where will oil companies get the money to fund new exploration and development of oil properties? Does it matter if these price increases are demand or supply induced?
Should Auto-Mart implement a do-it-yourself or do-it-for-me business emphasis? Support your selection with analysis and details.
John lives for three periods. He is currently considering two alternative education-work options. Alternative 1: he can start working immediately, earning $100,000 in period 1, $110,000 in period 2, and $120,000 in period 3.
The economy is in a boom and the inflationary gap is large. Describe the discretionary and automatic fiscal policy actions that might occur.
Jason has been making equal annual payments of $7,500 to repay a college loan. He has just made an annual payment and now wants to pay off the rest of the loan immediately.
answer the following questions based on the graph that represents j.r.s demand for ribs per week of ribs at judys rib
Is there too much or too little smoking? Explain why smoking bans on bars and restaurants do not efficient solve an externality problem.
What is the relationship between bowed out shape of production possibilities frontier and increasing opportunity cost of the good as more of it is produced?
health administration question-answer each of the questions below note that each question is of equal weight and that
how do changes in interest rates inflation productivity and income affect exchange rates? is a strong u.s. dollar
Tuggle, Inc., which manufactures rigid shaft couplings, has $600,000 to invest. The company is considering three dissimilar projects that will yield the following rates of return.
Impact HMO economic and business performance - example of an HMO with these types of set rates in order to support your response.
Discuss the models Levitt and Fryer propose to explain the rise in distinctly Black names. (Ignorance, Price Theory, Signaling, and Identity) Which model do Fryer and Levitt argue best explains the rise? Explain
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