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Briefly discuss the concept of both positive and negative externalities and give specific examples of each. In your explanations of the two, cover the differences, discuss why property rights are an important variable, and discuss any other relevant variables.
How Might pressures felt by college-bound high school students to participate in academic related organizations and activities contribute to a lower teen labor force participation rate Why are people receiving disability benefits not counted as par..
Identify three separate things that you personally have purchased in the past month. Now, for each of those goods answer this question: If the price had been 50% higher would I still have bought that thing Or would I have said.
Assume that initially equilibrium was 200 units and that this was also full employment level of income
Possible goals of Not-For-Profit (NFP) enterprises include all of the following EXCEPT: maximize total costs maximize output, subject to a breakeven constraint maximize the happiness of the administrators of the NFP enterprise maximize the utility..
Depends on the ideas, explain with which of the two economists do you agree more and explain why.
Illustrate an advantage of each strategy and under what conditions you might use each. How do market prices differ between perfectly and imperfectly competitive markets.
Fierce storms in October 2004 caused Tomato Fest Organic Heirlooms Farm to end its tomato harvest two weeks early. According to Gary Ibsen, a partner in this small business (Carolyn said, "Tomatoes in Trouble," San Francisco Chronicle, October 29,..
Illustrtae what does this imply about the effectiveness of monetary and fiscal policy to reduce the unemployment rate.
What are primarily intended to address the problem of insuring people who do not have health insurance? Would a public national health insurance system reduce total spending on health care in our economy?
What is the relation between the price of the bond and the interest rate? If the interest rate is 8%, what is the price of the bond today? How does the demand for bonds vary with the price of bonds?
Assume the new leadership in Congress decides to repeal some of the tax breaks granted to large businesses during the past several years.
Explain how relevant to the real world do you believe this result is in the "contestable markets" view of the competitive process.
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