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In your words, compare and contrast a positive and a negative externality. Be sure to provide an example for each. How does a positive or negative externality affect the market outcome? Is it possible for a government's solution to a market failure to actually worsen the failure? Explain your answer.
What is the difference between the index number for the year you were born and the Consumer Price Index for January of 2012.
Then click on Reports and then Beige Book to retrieve the summary report for current economic conditions by Federal Reserve District. Select the most current report.
Illustrate what is definition of price elasticity of demand. Explain relationship between price elasticity and total revenue.
What is the impact of the shrinking world on whether small to medium sized businesses should engage in international trade.
The demand for Dunkin Donuts glazed doughnuts will change by Illustrate what percentage also in Illustrate what direction.
What is the discrepancy between net benefits and the benefits cost ratio? That is, typically why is the maximization of net benefits the same as the maximization of the benefits cost ratio?
What is profit-maximizing level of hiring for firm. How is it determined. What is equilibrium quantity of labour hired in market. Does it make sense given number of firms.
What is the difference between contractionary and expansionary monetary policy? What is the intention of each policy under a depression, recession, or robust economy? Which type of monetary policy is more appropriate today and why?
Explain why China has in recent years been manipulating its exchange rate relative to the dollar, and how it effects this currency manipulation
Explain how would each of these traps impact the production possibilities frontier.
Which bank is giving the best deal? If they go with that bank, how many dollars in interest will they pay?
Assuming Norma has no other capital gains or losses, how does this information affect her taxable income for 2010.
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