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Supposed a proposed public policy could result in three possible outcomes:
1. Present value of net benefits of $4,000,000;
2. Present value of net benefits of $1,000,000;
3. Present value of net benefits of -$10,000,000 (yes, it is a loss).
If the probability of each outcome is, respectively, 0.85, 0.10, and 0.05, should the policy be pursued or not? Explain.
what is the approximate real rate of interest. Illustrate the exact real rate.
barbers who have turned farmers will drive down wage rate but will still be earning more than if y had remained barbers. Who benefits from technological progress in farming Farmers or barbers.
Compute the elasticity of trades with respect to every inconsistent in the demand function.
Suppose that the government decides to tax potato chip producers for every bag of chips sold. Before the tax, 100 million bags of potato chips were sold every year at a price of $3 per bag. What is the amount of the tax per bag of potato chips? What ..
Their banks are holding back credit so it is harder for businesses to invest and for consumers to spend
Illustrate wwhat is the maximum net national loss that this could cause Canada. What is the minimum national loss if Canada is a small country that can not affect the world price.
Investors commonly use the standard deviation of the monthly percentage return for a mutual fund as a measure of the risk for the fund; in such cases, a fund that has a larger standard deviation is considered more risky than a fund with a lower stand..
Please try to come up with real examples: it's not enough to say which savings account decreased.
What are the force and torque experienced by a system having a total dipole moment equal to 10?7 Cm in the negative z-direction?
Use this information to find the Equilibrium Price, Quantity and Revenue in the market.
what additional information would be useful in the pricing decision? What would be your recommendations for setting up a model to forecast future demand for this product?
In a standard supply and demand labour model, firms "demand" labour while workers "supply" labour. Let's think about a labour market that is in equilibrium, with a wage of $20 per hour and with 14 million individuals working out of a total of 16 mill..
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