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1. Many economists criticize conventional environmental regulations ("command and control") asinefficient. Why? What alternatives do they propose? What advantages help to explain whyregulations have persisted?
2. What is the EU's REACH regulation? How does it compare to the regulatory approachesadopted by the US Environmental Protection Agency and the US Food and Drug Administration
Explain why do you think that whenever the government needs to raise their revenue they usually decide to increase the tax on items such as gas
how do we calculate the retail price index what are the problems of using the retail price index what are the advantages of inflation what are the disadvantages of inflation what are the remedies for cost-push inflation
Economic analysis that takes into consideration linkages between markets is called ? A. partial equilibrium anaylysis B. input output analysis C. general equilibrium analysis D. cost-effectiveness analysis E. none of the above
a. Derive contingent factor demand L*(w,r,Q), K*(w,r,Q). b. Derive (dk(w,r,Q))/dw, (dk(w,r,Q))/dr, (dk(w,r,Q))/dQ, c.Classify the returns to scale of this production function. d. Derive the cost function c(w,r,q) by plugging your factor demands from ..
Describe the effects of monetary policies on the economy's production and employment.
Imagine that you have a fixed 30-year interest rate for your mortgage, and the economy has experienced unanticipated inflation. Examine who the winner and loser would be. Is it the borrower or the lender in the given scenario? Provide support for ..
Assume x and y are the only two goods a person consumes. If after a rise in p x , the quantity demanded of y decreases, one could say
Examine our trade policies as they relate to other countries that we normally trade with. Do we have a most favored nation status with any of these countries?
Assume the normal production process for beet sugar uses high-sulfur oil for fuel and releases 2 units of sulfur dioxide to the air for every ton of beet sugar produced.
The investment committee of Shield Insurance Co. is evaluating two projects, office expansion and upgrade to computer servers. The projects have different useful lives, but each requires an investment of $713,000. The estimated net cash flows from..
What divergences arise in equilibrium output and efficient output when spillover benefits and costs are present? Provide some 'real-life' occurrences.
Discuss and explain the concept of the macro economy. Determine the major performance goals that we set for the economy, and how do we measure the performance?
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