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1. How can government measure how much carbon is produced and is it possible to evasion carbon tax?
2. How should the carbon fee program interact with state programs that address carbon pollution?
3. Can cap and trade can reduce in co2 emission in the long run? How?
If the marginal product of capital is twice the marginal product of labor and the price of a unit of labor is $4, illustrate what must be the price of a unit of capital.
Describe three types of physician remuneration schemes and comment on physician incentives under each scheme. For each scheme, summarize the evidence regarding physician behaviour.
Match each principle to the scenario. Each principle is only used once. The Cost of Something Is What You Give Up to Get It. Rational People Think at the Margin. People Respond to Incentives. Trade Can Make Everyone Better Off.
Suppose Canada has 100 workers and 160 units of capital whereas Mexico has 100 workers and 70 units of capital. Apply the definitions of factor abundance and factor intensity to sort countries and products. What would you expect the pattern of trade ..
Currently a government budget is balanced. The marginal propensity to consume is 0.75. The government has determined that each additional $10 billion in new government debt it issues to finance a budget deficit pushes up the market interest by 0.20 p..
q.suppose that social statistical data on two macro indicators were just released in the us. the price growth for past
How did speculation contribute to the stock market crash of 1929? Cite two examples of speculation at the time. Given that only 10% of households held any stocks, how did the stock market crash end up collapsing the whole economy? Name and explain tw..
Explain why it is in the best interest of society to treat these types of property the same or differently.
In the first half of the report you introduce ideas, then in the second half of the report you will discuss and evaluate these ideas to identify what is most important.
q.the new york times reported that the inability of opec to agree last week to cut production has sent the oil market
how many standard errors it is away from zero. If it is not very far from zero n we might ignore it; if it is far away from zero n we might consider it important. But how far is ‘far'.
As we observed in this chapter, central banks, rather than purposefully setting the level of the money supply, usually set a target level for a short-term interest rate by standing ready to lend or borrow whatever money people wish to hold at that in..
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