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Discussion: Economic Reasoning
Discuss economic reasoning in government policies. Recall that economic reasoning is based on the premise that everything has a cost, thus, economic reasoning involves research and analysis in making decisions on the basis of costs and benefits.
Explain your concurrence or nonconcurrence regarding the sale of allowance market permits that industries exchange with each other, and whether the Obama Administration's 2020 Climate goals are manageable, or whether they may undermine our economic growth.
Why have rules for monetary policy based on money growth been unsuccessful in recent years? Why don't policy makers want to adapt rules for monetary policy?
Aside from humanitarian concerns,what is the one reason on nation is motivated to provivde foreign aid to a less developed country.
Compare the equilibrium levels of consumption C, government spending G, and planned investment I in Parts g and h. Based on this comparison, why might some economists prefer expansionary fiscal policy while others prefer expansionary monetary polic..
Consider the product market for "Winter Wheat". If the Government has established a price floor and intends to purchase all surplus wheat draw the likely demand and supply curves and identify the quantity demanded and equilibrium price.
Does the protection of one domestic industry harm another? Provide specific pro and con. After you provide pro/con which do you choose and why?
Hillary's preference for consumption C and leisure ' is given by U(C,'). There are 100 hours available in the week to split between work and leisure. She earns w dollars per hour. The ?rm's technology is given by Y = AEα, where Y is output, A and α a..
Draw the demand and supply curves. What is unusual about this supply curve? Why might this be true? What are the equilibrium price and quantity of tickets?
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What are their sources of economies of scale and Find the Forbes Global 2000 list of the world's largest firms
Explain how individual differences might be synergistic to organizational behavior. Describe how various components of diversity contribute to the synergy.
Consider the standard Heckscher-Ohlin model, with two goods: computers and t-shirts. The two goods are produced with two factors of production skilled labor and unskilled labor, and the production of computers is skilled-labor intensive relative to t..
Regression (4) includes worker-level fixed effects. The coefficient on years of education falls from .0637 in (3) to .0167 in (4). Is this a large change in economic terms? Explain.
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