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In Minnesota, legal statutes now prohibit smoking in almost all bars and restaurants. Discuss the costs and benefits associated with this Command and Control regulatory approach to reducing indoor pollution.
Is a Coasian solution possible in the case of indoor smoking?
How would a Coasian solution work in this case?
Would a Coasian solution be less costly than current policy? Explain why or why not.
what is the GDP 2.what is the net domestic product 3. what is the national income 4.if real GDP in a particular year is $80 billion and nominal GDP is $240billion , what is the GDP price index for that year ?
Let us say that an economy has a consumption function given by C = 900 + 0.9Yd where Yd is the disposable income. There is a lump-sum tax of 90. Investment level is autonomous at 400 and government spending is also constant at 600.
Based on the Federal Housing Finance Agency house price index, United States housing prices declined throughout 2008 and 2009.
OPEC is the economist's favorite cartel to study, partly because it had such a spectacular short-run success and partly because oligopoly theory could be used to predict how OPEC pricing actually evolved. Research some recent developments in petro..
What is described as the most efficient manner of evaluating fiscal growth?
What are the main accusations being made against China? ($1,000). What sanctions would China face if the allegations are upheld at the WTO? ($1,000).
Ben Bernanke has said that the Federal Reserve is going to continue its latest round of Quantitative Easing until unemployment falls to 6.5%. How fast will the economy have to grow to bring unemployment down to 6.5% by this time next year? Assum..
A collateral bond with a face value of $5,000 was purchased by an investor for $4,100. The bond was due in 11 years, and it had a bond interest rate of 4% per year, payable semi-annually. If the investor kept the bond to maturity, what rate of ret..
There are over 5,000 banks in United State. more than ten times the number per capita than other industrialized countries.
Identify whether the subsiquent issues are macroeconomic or microeconomic and explain why you categorized them in that way.
Capital budgeting projects comprise all of the following with the exception. Asymmetric information represents a market situation.
What is a financial system, and why would a country with a well-developed and fully functional financial system be better off than a country without it?
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