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"Because of market failure, we need a big government intervention to help appropriate the scarce resources to make sure that everyone is taken care of." Do you agree? Take a position and provide your rationale. Does the Scripture support a big government or laissez faire (i.e., minimum government intervention)?
The total operating revenues of a public transportation authority are $100M while its total operatiing costs are $120M.
Give a brief summary of the GDP trends over that timeframe and discuss two or three events which may have caused these trends.
Compute the steady state levels of population. How might we transition between these two steady states and growth during the Malthusian regime?
Suppose a product sold in a competitive market is subject to a government price control. Suppose the regulated price is less than the free market equilibrium price.
A number of companies exist that specialize in "payday loans." Payday loans are small loans often for a few hundred dollars or less that are made to low-income borrowers. Often these borrowers have poor credit histories and few assets and would ha..
The last free cash flow for a company was $51 million and it is expected it to increase at a constant rate of 4% indefinitely. The company's weighted average cost of capital is 12%.
Using a supply and demand graph and assuming competitive markets, show and explain the effect of equilibrium price and quantity of the following A) a technological change that reduces the cost of producing x-rays on the market for physician clinic ..
The after-tax cost is 6.5%, the cost of preferred stock is 10%, cost of common equity (in the form of retained earnings) is 13.5%. Compute Global technology's weighted average cost of capital.
Show how expansionary fiscal and monetary policies work. Under what conditions would these policies work more, or less, effectively?
Analyze the modern notion of microfoundations with Marx's 'real foundation' for the analysis of economic activity.
If a fixed number of industrial polution permits are marketable; then we should just sell the right to smoke to highest bidders rather than ban smoking outright in many cities, restaurants, towns, business outlets, and bars.
Note that the first set of numbers represents the various incomes; whereas the second set of numbers represents the number of people earning each of these incomes. For example, in Avataria there are 50 people with the income of $100, 25 people wit..
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