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Explain a positive and negative externality that you have recently consumed. Please relate your answer to the characteristics of elasticity. Why does the government have to get involved when an externality is present in the market?
Illustrate what were its consumption and government expenditures on goods and services.
A picture is worth a thousand words. We’ve heard that often but seldom consider the impact the visual media has on the written text. This is especially true in business messages and the projects you are working on creating for this course. As you des..
Suppose the federal budget deficit for the year was $100 billion and the economy was in a recession. If the economy had been at potential GDP, it is estimated that tax revenues would have been $60 billion higher and government spending on transfer pa..
What would you expect to happen to the stock of domestic bonds in the hands of the public as R and Y both increase along a stable MM curve? Explain in intuitive terms how such a change in the stock of domestic bonds in the hands of the public could b..
What is the probability that a sample of 100 units contains a. Five or more defective units? b. Ten or fewer defective units? c. Eleven or less defective units?
How strong are the competitive forces in the movie rental marketplace? Do a five-forces analysis to support your answer. What forces are driving change in the movie rental industry? Are the combined impacts of these driving forces likely to be favora..
Draw a supply- demand diagram of the federal funds market and show the effects of a Federal Reserve Purchase of $85 billion in US Treasury Notes during a Quantitative Easing Campaign after the Fed has already lowered its Fed funds target to 0 - .25%.
If deposits of $5,000 are to be made semi annually for ten years in an account earning 8% compounded continuously what lump sum would have accrued 15 years from now? Show all your work
Explain the unemployment rate in Tappania is higher now than it has been in 50 years. Can both of these statements be true at the same time.
A revolutionary new computer chip will be brought to the market in 6 months that will decrease the price of computers by 50%. Draw a graph and explain.
The Newspaper reported that insurgents in Saudi Arabia had taken over a major oil refinery. What would you predict would happen to the average price and quantity exchanged in the market for gasoline in Saudi Arabia?
describe the three types of unemployment. What types of government programs would be most effective in combating each type of unemployment
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