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Q1. Suppose the environmental standard is too stringent. What does this imply about the relationship between the MSC and the MSB of abatement
Q2. Suppose that w = 0.75, π = 0.8, h = 16, and T = 6. Determine the consumer's optimal choice of ?consumption and leisure, and show this in a diagram.
Q3. Draw and explain production possibility frontier for an economy that produce milk and cockiest. What happen to this frontier if disease kills half of economy cow's population?
Q4. What are some fiscal policy recommendations being recommended by current leadership?
Willie will receive all his operating expenses, and in addition will receive $2,000 each year for the decline in value of the automobile.
What is the equation for the AS curve. What restrictions on the parameters do we need to ensure that AS curve has a positive and nite slope.
What are the components of aggregate expenditure. What determines the slope of the aggregate expenditure line.
Winston Churchill once thought that democracy is the nastiest form of government except for all others.
Does a persistent balance of payment deficits result in a pressure to devaluate the currency.
Explain a way that your family interactsin factor market and a way that it interactsin products market. Discuss how circular flow relates to current economic situations.
Remaining group did not have jobs, except all said they would like one. 5 of this group had not looked actively for work for 3 months.
What data the organization needs in order to make good decisions and how the use of macroeconomic indicators enables organizations to improve their forecasts of the key decision-making data.
Evaluate this monitoring system. What would you do differently? Consider the benefits as well as costs of any change you recommend.
Austria has a history of strong hostility to nuclear power, and over the last twenty years the Austrians have shut down all of the reactors in Austria
Explain the essential distinctions among the stages-of-growth theory of development, the Structural change models of Lewis and Chenery.
At his current consumption basket, his marginal utility for hot dogs is 5 and his marginal utility for sodas is 3.
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