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After a decade of overconsumption Americans are finally saving at the appropriate levels. Despite only modest increase in real incomes, the U.S. Savings rate has risen to 5.4% as of August 2014. What are some of the key drivers that may be attributed to the increase in the US savings trend? What are the economic upsides and downsides to the U.S. population saving more?
The government is debating whether to spend $100 billion to reduce global warming damage 100 years from now on. It is estimated that $ 800 billion of damage will be averted. A critic of the expenditure says that it would be far better to take the ..
1.Monopolistic competition is monopolistic up to the point at which consumers become willing to buy close-substitute products and competitive beyond that point." Explain
explain a production possibility curve. differentiate between points on the curve points outside the curve and points
Prepare a 2 page paper using APA format discussing how the Coase Theorem provides an alternative to government regulation and provision of services. How is the definition of private property a critical part of this analysis?
In the analyses below, when drawing your diagrams assume that students can choose among only two products on campus, namely tobacco and food.
consider the following production function y fkl a k0.4 l1.0a. calculate the marginal product of labor.b. does this
suppose you have 500 in savings when the price level index is at 100.a if inflation pushes the price level up by 10
It has been argued that many of the problems with negative externalities - such as pollution, or the "tragedy of the commons" - could be better solved if there were clearly defined, protected and enforced property rights.
assume the graph below represents the market demand for a patented prescription drug together with the long run
Consider an economy composed of identical individuals who live for two periods. These individuals have preferences over consumption in period 1 and 2 given by U = (c1)0.5 × (c2)0.5. They receive an income of 100 in period 1 (young) and 20 in perio..
Suppose the Reserve Bank of Australia (RBA) observes directly aggregate demand shocks or fully anticipates them. Formulate a monetary policy rule that would insulate the economy from aggregate demand shocks.
The following represents the potential outcomes of your first salary negotiation after graduation:Assuming this is a sequential move game with the employer moving first, indicate most likely outcome. Does the ability to move first give the employe..
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