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1. Why do most economists worry about the US current deficit?
2. Why does globalization sets constraints on governments' capacity to raise the revenues?
Elucidate economic influences which can affect the airline industry in a negative way.
In practice, the government would have to be very knowledgeable to divide up the pollution abatement between the plants in the least cost manner. Tradeable pollution permits are one way to get around this concern. Briefly explain why.e. If polluti..
What is the nominal GDP today What is the difference between nominal and real GDP What is the largest component of GDP What is the smallest component of GDP What is the fastest growing component of GDP and why
Name three other providers of urgent care services. Emergency departments, urgent care clinics, and walk-in clinics supply urgent care services.What sort of shift in supply or demand would result in a market equilibrium with higher prices and sale..
The country of Benin both grows and imports rice. If the government of Benin wants their rice farmers to earn more for their rice than the world price but does not want its consumers to pay more for the rice than the world price so as to keep the ..
Give examples of competition of firms in Oligopoly and Monopolistic Competition, from the real world. In which market will one firm's probable decision affects the other firm's decision? Try to think of situations of of how they would compete in t..
a firm that you have done business with recently. What industry does this firm belong to For example, McDonald's is a firm in the fast food industry. What market structure would this industry fall under What are the names of other firms in this in..
A survey show an increase in drug use by young people. In the ensuing debate, two hypotheses are proposed: Reduced police efforts have increased the availability of drugs on the street. Cutbacks in educationefforts have decreased awareness of the dan..
Explain why government regulation is needed, citing the major reasons for government Involvement in a market economy and justify the rationale for the intervention of government in the market process in the U.S.
The Clark Corporation wants to expand. It is planning a cash purchase of Kent enterprises for $3 million. Kent has a $700,000 tax loss carryforard that could be used immediately
There are six equally productive individuals on the island. Each person can gather 25 coconuts in one day or build one hut in a day.
What is labor market behavior? What are the positive and negative aspects of this? What is legislative environment in labor market behavior?
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