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Question: Education provides both private benefits to those who receive it and broader social benefits for the economy as a whole. Think about the types of policies a government can follow to address the issue of positive spillovers in technology and then suggest a parallel set of policies that governments could follow for addressing positive externalities in education.
The U.S. government is considering reducing the amount of carbon dioxide that firms are allowed to produce by issuing a limited number of tradable allowances for carbon dioxide
In the era of industrial capitalism, how did institutions introduced under colonial rule act as a brake on economic development and constitute a schism.
The government dislikes smoking, and likes tax revenue. If they wanted to increase the after-tax price to $10 per pack, what size of excise tax must be placed on sellers? How much revenue will it raise? What will be the Deadweight Loss?
Does it make sense to abolish mandatory insurance in road transport? How much does free public transportation cost? Public transportation as a public good. Should it be privatized?
no risk truck company is a leading manufacturer of heavy and medium duty contractor and construction trucks. the
suppose we are given the constant returns-to-scale ces production function q k l1 where k represents capital and l
Two pollution sources are located in the same town, immediately next to each other. For every quantity of abatement, marginal costs of abatement for the first source are higher than marginal costs of abatement for the second source.
describe how the budget constraint of a house hold in a two period model is affected by each of the following changes.
Forward commitment by the Fed has which of the following impacts? Forward commitment creates moral hazard in lending, as banks know that the Fed will continue to pump reserves into the system. Forward commitment encourages lending because banks do no..
Explain how shortages/surpluses are eliminated in a free market system. You can use graphs and specific examples in your analysis. Graphs don't count towards the word limit.
Why would cash transfers typically be preferred by recipients over in-kind transfers? What are the pros and cons of each from a government perspective
if Q = 60 − (1/2)P, and MC = 60, which means that MR = 60 how do you work out the price, which then allows you to work out the Q
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