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Lead a horse to water , but can can't make it drink. How might this adage be relevant to expansionary (as opposed to contractionary) monetary Policy?
Briefly interpret what the point estimates of the α and β coefficients would mean. Also explain how these estimates could be informative to verify whether the country-level production function has constant returns to scale.
Your boss offers you a wage increase of 10 percent. Is it possible that you are worse off with the wage increase than you were before? Explain your answer using proper economic terms and analysis
Let P and S denote the (constant) costs of permits and the scrubber, and let the discount rate be r and the growth rate of the demand for permits be 0
Explain why a short run average cost curve only touches the long run average cost curve at one point on the long run average curve. define clearly the concept of returns to scale.
Assume that tuition prices suddenly go up 20 percent. What impact will this single price increase have on the CPI.
Illustrate what are the concerns of common citizens on personal data such as medical transcriptions and credit card information in a foreign country where there are less stringent regulations on privacy.
Can the U.S. ever come out ahead from this quota? Why or why not? Can the ROW ever come out ahead? Why or why not?
Explain why a lump-sum government transfer can entice some workers to stop working (and entices no one to start working) while the Earned Income Tax Credit (EITC) can entice some people who otherwise would not work to start working.
Starting from the uncontrolled level of pollution claculated in part c, find the marginal willingess to pay for polloution abatement, A, for each consumer class (Abatement is reduction in pollution; zero abtement would be associated with the unctr..
Suppose the price of housing increases to 3, but the price of food stays at 10. Rewrite Jane's budget constraint and draw it on a graph. Now suppose the price of housing decreases to 1. Rewrite her budget constraint again.
Supposed that it costs $400,000 to build the new store and assume that the new store will generate revenues of $450,000. what is the rate of return on this investment.
As the CFO of your corporation, you are in charge of preparing and analyzing financial statements that will be presented to potential investors and creditors. However, before you can present the financial statements to investors and creditors, you..
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