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Assess the importance of policy analysis during the development and implementation stages of public policy.
Discuss the social impact of policies.
Discuss the limitations policies have on government power.
Discuss the role and the effect of reputation on cooperative behavior by selfish individuals. Discuss the biological reason for cooperative behavior with relatives.
Use the Keynesian-cross model to illustrate graphically the impact of an increase in taxes on the equilibrium level of income.
Graph the demand curve for X given the above information. Elucidate how will the demand curve change if M falls to 35,000.
In granting (or prohibiting) proposed acquisitions or mergers in an industry, government regulators consider a number of factors, including the acquisition’s effect on concentration, ease of entry into the market, extent of ongoing price competition,..
The vertical long run AS curve compatible with classical economics implies that AD only determines the price level
Illustrate what are marginal net profit when Q=1? Q=5. Illustrate what level of Q maximizes net profits, Illustrate what is value of marginal net profits.
Assume that Dr. Slight has $300 to spend on goods X and Y. Good X costs $5 per unit and Good Y costs $3 per unit. Dr. Slight combines X and Y using a very strict ratio to derive utility. He can only increase his level of wellbeing by receiving more o..
Explain whether increases in gasoline taxes are effective means for raising tax revenue. Circa 1990 Colorado decided that long-haul truckers needed to pay for a larger proportion of the wear and tear on the state's highways and increased the tax on d..
What situation gives rise to a surplus?
The marketing manager for Mountain Mist soda needs to decide how many TV spots and magazine ads to run during the next quarter. Each TV spot costs $5000 and is expected to increase sales by 300,000 cans. Each magazine ad costs $2,000 and is expected ..
What will happen in the international market for gold if news of war causes buyers and sellers to expect high gold prices in the future? Provide a brief narrative explanation.
What are the factors that affect the supply and demand of that good or service. How do you expect the demand and supply of that good or service to change in the next year.
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