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Q1. The "supply side" economics of the Regan administration (1981-1988) presumed that income tax cuts would stimulate incentives to work and thereby increases economic growth. Demonstrate this outcome with work-leisure diagram. What does this outcome assume about the relative sizes of the income and substitution effects? Explain "The predicted increase in work-incentives" associated with the supply-side tax cuts might in fact be more relevant for women than for men".
Q2. Discuss the principal-agent problem and some possible solutions.
Q3. Caught up in broad social and economic disaster that swept the Mediterranean basin during the twelfth century BCE, what seems to have happened to the civilization of people?
Explain how much total pollution reduction will occur under proposal A and what be will the total compensation received by regions O and R.
You are considering buying car insurance for the coming two years. Whether or not you buy insurance, you have the following probability distribution over the car accident damages for each year (the probability of having an accident is independent acr..
What are soft laws? What are the advantages and disadvantages of soft laws? Why are soft laws sometimes the outcome of negotiations on global environmental regimes?
Illustrate what techniques for changing organizational culture has Google used to form its culture.
Intially Starbucks expanded internationally by licensing its format to foreign operators. Why it soon be came disenchanted with strategy.
Receive full credit for this question in previous attempt. Illustrate what level of excess reserves does the bank
Assume the full- unemployment rate is 5% . What could the Fed do in 2002-2003 in order to bring the economy back to full-unemployment ? What did the Fed actually do? Explain in detail
Find the equilibrium interest rate c. Now suppose that G rises to 1,250. Compute private saving, public saving, and national saving. d. Find the new equilibrium interest rate.
Evalute any one economic model of such imperfect competition, and assess how well it explains the behaviour of real firms, and the results such behaviour might have upon the efficiency of resource allocation.
Analyze and discuss the roles of physical capital, human capital, technology, and natural resources in influencing long-run economic growth of aggregate output per capita. Then discuss how governments can contribute, or discourage, long run growth th..
Illustrate what are the factors which involve the provide also demand of which good or service. How do you expect the demand also provide of which good or service to change in the next yr.
Elucidate which of the following events would cause the price differences in these letters to get smaller.
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