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When cities pass laws limiting the rent landlords can charge on apartments, the laws usually apply to existing buildings and exempt any buildings not yet built. Advocates of rent control argue that this exemption ensures that rent control does not discourage the construction of new housing. Evaluate this argument in light of the time-inconsistency problem.
q1. one of the most important areas of economic that namely use of leading economic indicators to forecast the future
A survey of economists revealed that more than three-fourths of them agreed with a number of statements, including which of the following.
Basically the research is about Audi Company. Then talking gerenrally about how it is performing. In addition, research about the Business
The corn-based ethanol boom has dramatically increased the price of farm acreage. Using the concept of derived demand, explain how this happened. What role does the elasticity of supply play in the market for land?
Discuss how the two cases Microeconomic influences on McDonald's in China. Drawing on current business publications, find some update facts for each case that support this theme.
Is the perfectly competitive model a good benchmark for an economic system which uses Biblical worldview? Use Scriptural support where appropriate and also comment on the perfectly competitive model as a guide for public policy. What should be the ro..
suppose that beer preresents 22 percent of the economy and pizza represent 4 percent. Chocolate is the rest of the economy. What was the inflation rate for this economy?
A new firm successfully enters a three-firm Cournot oligopoly without changing the demand and cost structures. The new price becomes:
Set up an Edgeworth Box to depict this situation and elucidate why the situation is unlikely to be Pareto efficient.
Explain how much total pollution reduction will occur under proposal A and what be will the total compensation received by regions O and R.
Consider an economy with its production possibilities represented by the function Y = A √ K √ L where Y represents total output (i.e GDP), K is capital, L is labor, and A is total factor productivity (TFP). This economy devotes a share of 30% of its ..
Suppose 1-year T-bills currently yield 7.00% and the future inflation rate is expected to be constant at 4.50% per year. What is the real risk-free rate of return, r*? Disregard any cross-product terms, i.e., if averaging is required, use the arithme..
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