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Suppose that the government places a ceiling on the price of Internet access below the equilibrium price.a. Show why there is a shortage of Internet access at the new ceiling price.b. Suppose that the black market for Internet providers arises, with internet service providers developing hidden connections. Illustrate the black market for inter access, including the implicit supply schedule, the ceiling price, the black market supply and demand, and the highest feasible black market price.
Choose a nation and an economic concern, such as population, unemployment, etc. Look for the Library and Internet for data sets for the concern that you have chosen.
The Microsoft trial has been only one of the biggest investigations of antitrust behavior as the turn of the century.
Discuss actions the government could take to induce firms in this industry to produce the socially efficient level of output.
As the manager of Pelican Point Financial Group, you are unable to determine whether any given individual is a high or low volume transaction investor. Design a self-selection mechanism that permits you to identify each type of investor.
A State and explain 5 factors which affect the foreign exchange value of the Irish currency (Euro). B Irish exports have risen, in recent years. Discuss the effects of this development on each of the following: (1) The amount of borrowing by the Iris..
Assuming that you get a summer intern job and a recession began while you are there. Write a memo to your boss, who is a member of Congress.
How much does it choose to sell when it enters the market? What is the resultant market price? How much does each of the two firms earn in profits?
Describe how a nurse's pay is determined and how the salary is structured. Discuss what your chosen state can do to increase the supply of nurses.
Describe the position of India with respect to the comparative advantage it holds in gems and jewellery, software services, and petroleum.
The losers from this devaluation basically considering its limited turn-in period for the old money.
However, using these new concrete forms adds 10% to the overall cost of the home. A typical 2,000 sq. ft. home using standard concrete forms costs $120 per square foot to construct and uses $300 per month average to heat and cool. Calculate the IR..
Discuss how each of the following developments would affect the supply of the money, the demand for money, and the interest rate. For each case, describe what happens in closed economy and in small open economy. Describe your answers with diagrams.
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