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Government Provision of Education
(a) How might there be an increase in total spending on a child's education in response to providing a fixed level of education?
(b) How might there be a 'crowd-out' effect from government intervention in the form of providing a fixed level of education?
If increased spending leads to a higher level of quality in education, why might there be no change in the quality of education as result from the government provision of a fixed amount of education
Find out the equilibrium market price. Find out the profits of the leader and the follower
What is the profit-maximizing price and output? What is the total profit? What is the price elasticity of demand at the profit maximizing output?
According to the quantity theory of money, what is the effect of increase in quantity of money?
How income may change savings behavior
Assess the degree of difficulty associated with measuring marginal revenue product for each of the following occupations.
What are the two problems facing the Bank of Canada in trying to control the money supply precisely?
What is opportunity cost of producing a car in Canada? What is the opportunity cost of producing the tonne of wheat in Canada? Describe the relationship between the opportunity costs of two goods.
Suppose the CFO of a German corporation with surplus cash flow has 1 million Euros to invest. Suppose that interest rates on 1-year CD deposits in U.S. banks
Use the data below to find out the growth of income per person (over the entire period, not an annual basis) between the two years listed.
Explain why user cost, or scarcity rent, arises in the intertemporal allocation of a depletable resource such as minerals, and some types of energy and aquifer water resources.
Essay on Market imperfection associated with negative externalities.
The questions posed are broad and open ended so be careful to allow yourself enough research and planning time.
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