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Economic Reasoning Paper
The subject of the second economic reasoning paper will be a news article (NOT an editorial or a blog post!) on an externality or public good topic that you locate and select. Good places to look for articles include The New York Times, The High Country News, and the Oregonian, but there are many, many more possible sources.
Write a 500-word paper to describe the externality or public good issue in the article and to argue in favor of a government policy measure that would be an appropriate response to the problem.
monopolies produce where: MARGINAL REVENUE = MARGINAL COST
Describe how the quote “declining dollar, while boosting US exports, is adding to inflation pressure as goods priced in foreign currencies become relatively more expensive” relate to the aggregate demand-aggregate supply model.
Little Monsters Inc. borrowed $1,000,000 for two years from Northern Bank Inc. at an 11.5% interest rate. The current risk-free rate is 2% and Little Monsters’s financial condition warrants a default risk premium
Important information about Equivalent yearly Worth. With an interest rate of 10% per year and given the following estimates, the annual worth of alternative ''F'' is closest to
carl has a utility function over two goods apples a and bananas b given by . where min is the minimum function i.e.
In 1991, Brazil and Columbia united to form a coffee cartel and reduce coffee output. Suppose total costs for the cartel are: TC = 12 + 5Q + Q 2
What is the "current macroeconomic situation" in the U.S. (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.) What fiscal policies and monetary policies would be appropriate at this time
What is the key difference between "old-fashioned" and "high tech" crises? What are the limits of the interest rate approach to resolving balance of payments crises?
Assume France has a Gini coefficient of .4, and Germany has a Gini coefficient of .3. Which of the following conclusions are we able to make with this data?
Your firm operates three plants. The cost functions vary across the three plants. Plant A: Marginal Cost = 6Q Average Variable Cost = 3Q Average Fixed Cost =1000/Q Plant B: How much output should be produced at each plant?
The Federal Reserve buys bonds in the open market, an open market purchase. What are the affects on monetary base, the money multiplier and money supply. The choices are increasing, decreasing, or unchanged.
Assume consumers expect a recession to begin in the next few months. They might react by trying to save more in case they are laid-off or have to work reduced hours
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