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Why do economists disagree about whether an interest rate target or money supply growth target is the best intermediate policy target for the Fed, and why not target both?
Does the concept of technological efficiency permit us to determine at which point on an isoquant a firm should operate.
Negative externalities such as water or air pollution lead to an inefficient allocation of resources. Explain why. Use a carefully constructed diagram to aid in your explanation. Such externalities have been dealt with mostly through command and cont..
Write down the profit maximization problem of the representative firm. What is the new short run equilibrium price and production.
Betson Enterprises distributes and markets the Big Buck video game, which allows players to "hunt" for elk, antelope, moose, and bucks without shivering outside in the cold. E-sports Entertainment in NYC purchased five machines for $6300 each and too..
Such retailers can sell as many copies of Vista they such as at the prevailing marketplace price of $200.
There is no way to identify family types for pricing purposes also all costs are fixed so to maximizing total income is equivalent to maximizing profit.
Elucidate the evidence that supports these recommendations and how your recommendations might need to be modified for the alternative economic futures
For an industry with MAC = 500-2E and MDC = 3E: Calculate the socially efficient tax rate. What is the total compliance cost to the industry if the socially efficient tax is charged? What are the net social benefits of the socially efficient tax?
the united states is experiencing a recession and congress decides to adopt an expansionary fiscal policy to stimulate
Personal income taxes are reduced as part of an expansionary fiscal policy. What is the impact on aggregate expenditures and income?
As the manager of a 60-unit hotel you know that all units are occupied when you charge $80 a day per unit. Each occupied room costs $8 for service and maintenance a day. In addition there is a fixed cost of $400 a day. You have also observed that for..
What is the amount of five equal annual deposits that can provide five annual withdrawals, where a first withdrawal of $1500 is made at the end of year six and subsequent withdrawals increase at $100 over the previous year's, in the interest rate of ..
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