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Voting can change the future of a generation or a nation. For that reason, voting is most effective when it is thoughtful rather than mechanical. What are the roles of remaining open-minded, being informed, and engaging in political dialogue in making political participation meaningful?
Mineral resources are an important source of revenue for developing nations. Royalties are one method of receiving payment for allowing investment, but often foreign companies send profits out of the country.
Classify each of the following as either an operating target or an intermediate target, and explain why.
Suppose the government decides to increase taxes by $20 billion to increase Social Security benefits by the same amount. How will this combined tax transfer policy affect aggregate demand at current prices
How do the concepts of macroeconomics help you understand the factors that affect shifts in supply and demand on the price of the product
The text argues that the greater the importance of an item in consumer budgets, the greater its elasticity. Health-care costs account for a relatively large share of household budgets. How could the price elasticity of demand for health care be suc..
Suppose that market for tradable emissions permits by power plants has been operating efficiently for several years. An engineering company then invents a lower cost device for pollution abatement.
Describe the intervention and detail its history. Analyze the arguments for government intervention as opposed to arguments for market-based solutions.
Elucidate what would be the budget request for FY13 for this effort.
Calculate the market and socially optimal equilibrium if supply is equal to Q=4 - Calculate the market equilibrium and the socially optimal equilibrium.
Consider an individual with utility of the form: U(x.y)=400+x^ay^b where (a+b) = 1. the price of good x is px and the price of good y is py. The individual faces a budget constraint of I (income).
Assume the forex market equilibrium is given by i = ((i/E) - 1) + .1, where the two foreign return terms on the right are expected depreciation and the foreign interest rate. What is expected exchange rate? Solve for the IS curve: obtain an expres..
frisbees are produced according to the production function q 2kl where q output of frisbees per hour k capital input
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