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In France, it is law that portable listening devices must have a maximum output level of 100 decibels. Apple was forced to change the output of its iPods sold to France as their output exceeded 100 decibels. What negative consumption externality were the French Policy makers concerned when passing the law on maximum decibel levels?
Explain how does this compare to other industrial economies. What is your opinion on this relationship of the budget deficit to GDP.
Assume that some of these drugs are legalized so that anyone may sell and use them.
As a policy maker concerned with correcting the effects of gases and particulates emitted by and local power plant, answer the following questions: What two policies could you use to reduce the total amount of emissions Why do you think they each w..
If bicycle owners do not know whether they are high- or low-risk consumers, is there an adverseselection problem.
Make an example of a comparative advantage model by 'choosing two countries and two products.
You are a member of the Metropolitan Taxi Commission, which sets taxi fares for your city. You have been told that long lines of taxis form at the airport during off peak hours. At peak hours, on the other hand, few taxis are available and long li..
What are freely floating exchange rates all about, and how do they work How can the falling U.S. dollar impact your travel expenses Why would a cheap dollar relative to other nations' currencies be good or bad for U.S. trade
Why they need to hedge foreign exchange, What sort of foreign exchange instruments you would recommend, Whether they have to be aware of any government regulations that would affect earnings and cash flow
Behavioral researchers have developed an index designed to measure managerial success. The index (measured on a 100-point scale) is based on the manager's length of time in the organization and his or her level within the firm: the higher the inde..
artica is a nation with a simple economy that produces onlysix goods oranges bicycles magazines paper orange juiceand
Since all economies are faced with scarcity, how might nations attempt to minimize the human hardship associated with scarcity Try to use concepts seen in this unit such as production possibilities frontier, comparative advantage, circular flow, e..
Explain in detail keynes view on income determination. that is to account for income determination using the keynessian model oif income determination approach
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