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Evaluate the following statements are true, false or uncertain
a) A cost-effective policy is always socially efficient
b) Enforcement costs are critical to the success of environmental program and should be included in the overall social costs of the program when evaluating different policy options
c) The Coase theorem states that social efficiency can be obtained through bargaining and that the gain to each party involved will be identical regardless of who has the rights
the nhfishercats are debating whether to build a new restroom in the leftfield area near the patio adjoining the
Policymakers should have a detailed knowledge and profound understanding of all theoretical models and should design economic policy based on that knowledge.
Suppose a drop in the compensating wage differential between risky jobs and safe jobs has been observed. Two explanations have been put forward: Engineering advances have made it less costly to create a safe working environment.
Elucidate what is the implication of the efficiency wage theory for unemployment. In what way are piece rates, commissions, royalties, profit sharing, and stock options substitutes for efficiency wages.
q1. assume the following model of expenditure sectorsp c i g nxc 420 45yd yd y - ta tr ta 16ytr0 100i0 160g0
How much equity would she have had in the house at the time of its sale.
Suppose a firm’s technology is represented by the Cobb-Douglas production function F(L, K) = 5LK. The wage rate is $50 and the rental rate of capital is $10. What is the least-cost combination to produce 100 units of output?
questionfor a labor market in a city or region assume that wages under bad times is 100 and under good times is 150.
Research two periods in history, one where the United States experienced an increase in inflation and the other an increase in unemployment. Write a paper discussing the causes and outcomes. Use the aggregate demand and supply models to analyze the c..
What is the equilibrium Price and Quantity in the market? Now suppose the government imposes a special tax on these computers. Describe what would happen in this market in terms of the supply and demand curve.
In 2011, Britney taught music and earned $20,000. She also earned $4,000 by renting out her basement. On January 1, 2012, she quit teaching, stopped renting out her basement, and began to use it as the office for her new website design business. Duri..
q.a brewery is considering two potential production investmentsoption a costs an initial 2 million as well as will
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