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How do prices and wages perform functions similar to 'central planning' in planned economies? What limitations does central planning have that the price system does not? What does Friedrich Hayek have to offer in terms of how prices inform customers? What do you think about the price systems effectiveness as compared with Central Planning?
The anticipated benefits of health insurance exchanges include all of the following except. More than half of the U.S. population is covered by employer group health insurance. One of the underlying reasons is that. Which of the following is not an e..
Compare and contrast Comparative Advantage with Absolute Advantage. Do these have a place in today's world?
It will provide benefits of $4000 at the end of Year 1, $3,500 at the end of Year 2, and $3,500 at the end of Year 3. If the discount rate is 6%, will this project be approved using cost-benefit analysis?
Explain why a system of marketable pollution permits leads to less costly pollution abatement and a higher concentration of polluted areas than a command-and-control system.
In the early 1990’s, New Jersey and Pennsylvania both reformed their automobile insurance systems so that citizens could opt for either a less-expensive policy that did not allow people to sue if they got into accidents or a more-expensive policy tha..
A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public.
The Federal Reserve has required the largest American banks to create “living wills” for the purpose of: Knowing what the Federal Reserve should do should bank management become incapacitated for any reason, whatsoever? Creating an automatic plan of ..
If the marble is Yellow, the player must pay $6. Find the expected value of a player's winnings. Round your answer to the nearest cent.
Research any two publicly traded companies, looking for one that has an attractive price earnings ratio and one that has an unfavorable price earnings ratio. Explain how you knew the price earnings ratio was attractive and unfavorable.
What statistics and linear algebra book do I need before reading Hayashi's Econometrics? Basics linear algebra book seems too simple for the linear algebra part, and Casealla's statistical inference is missing out detail/too basic for the statistical..
Identify (what you consider to be) the 10 most important economic areas (listed on dismal) that best describe the current state of the U.S. economy. Discuss each one of these measures, focusing on its importance, what it says about the current st..
Aggregate expenditure is the total amount of spending in the economy that determines the level of the GDP. Components of aggregate expenditure are autonomous expenditure, planned private investments, government expenditure, and net exports. When auto..
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