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Consider three alternative ways of helping poor people get housing: government-subsidized housing costing $6,000 per year, a housing voucher worth $6,000 per year toward rent on an apartment or a house, or $6,000 per year in cash. Which would you prefer if you were poor? On what grounds might you make your decision?
What can it be sold for now if a buyer's desired return is 4 percent per 6 months?
Suppose that a small nation produces mushrooms for domestic consumption also possible export.
The following equations describe a small open economy. Calculate the equilibrium level of output (Y*).
q1. why may vertically integrated delivery systems lead to lower productions costs? why may these systems lead to
Illustrate what will be total effect on M3 money supply. Explain illustrate what steps can be taken by Fed to reduce M3 money supply in economy.
What is the present value now (t =0) of the total revenue if the interest rate of 17% per year? specify answer to nearest cent.
Skyscraper City has a subway system, for which a one-way fare is $1.50. There is pressure on the mayor to reduce the fare by one-third, to $1.00. The mayor is dismayed, thinking that this will mean Skyscraper City is losing one-third of its revenue f..
Elucidate how much labor should the firm employ. What is the resulting output and profit.
"The lowering of barriers to trade and investment between countries within a trade group will probably be followed by increased price competition." Do you agree? Why? Why not?
Consider a perfectly competitive market where demand is given by P=84.20-2.15Q and supply is given by P=12.78+1.20Q. Calculate the equilibrium quantity and price.
Small country Alpha exports lumber products obtained by cutting Alpha's forests. Cutting the forests creates negative external effects in Alpha.
Equivalent to selecting the output where the spread between total revenue and total cost is greatest.
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