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Ask five friends if they know which chemicals cause acid rain and the major controllable sources of those chemicals. Also ask them to guess how many reported pollution releases from U.S. offshore drilling platforms occured in 2008. Record your results and comment on how well informed your survey respondents are.
Ford is budgeting $300,000 per year to pay for labor over the next 5 years. If the company expects the cost of labor to increase by $10,000 each year, and the annual interest rate is 10%, what is the expected cost of labor in the first year?
Is the importance of spillover effects larger or smaller under flexible exchange rates, as opposed to fixed ones? Is macroeconomic management easier under one regime than the other?
A study that uses data in a formal econometric analysis to test a theory, estimate a relationship, or determine the effectiveness of a policy is called
What are the potential lessons to be derived from the Asian crisis?
Suppose that XL and IPSP are both capable of reducing emissions by 5 tons, but that it costs XL $50, and IPSP $100, to clean up each ton of emissions. Comment on the fairness of Packer's proposal in light of this additional information.
By how much will this action increase the overall budget deficit and the primary deficit in the year that the transfer is made? In the next year? In the year after that? Assume that the nominal interest rate is constant at 10%.
In what ways is the emergence of China as the "workshop of the world" an opportunity for other developing countries, and in what ways is it a threat?
A building is priced at $125,000. If a down pament of $25,000 is made and a payment of $1,200 every month thereafter is required, how many months will it take to pay for the building. Interest is charged at a rate of 9% compounded monthly.
A firm called Altobella Vineyard produces Concord grapes in a perfectly competitive market in which monthly demand is given by the equation Q = 1800 - 16P and monthly supply by the equation Q = -660 + 14P, where P is the price per crate of grapes.
Suppose demand for widgets is given by the equation P=20-0.5Q. Originally, the price of the good is $10 per unit. When a tax of $2 per unit is imposed, the price of the good rises to $12 per unit. How much total tax revenue is raised by the tax
A monopolistically competitive firm produces a level of output at which price equals $80, marginal revenue equals $40, average total cost equals $100, marginal cost equals $40, and average fixed costs equals $10.
Imagine a manufacturing industry that produces 100 million units of compact digital cameras annually in the US market. Suppose the minimum efficient scale (MES) for the production of digital cameras is 10 million units annually.
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