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The city council allocates funds for road repair. Which of the following circumstances would be a positive externality?
Citizens spend less money repairing punctured and torn tires. Gas stations throughout the city reduce fuel prices. Municipal taxes increase to fund added services. Traffic flow in the city improves.
We know that a certain piece of equipment will cost 150,000 in 5 years. How much must be deposited today using 10% interest to pay for it?
Consider two firms that act as Cournot competitors and face the inverse demand function p(.), where p'(Y1 + Y2) 0 i = 1,2.
1) Other things being equal, a reduction in taxes will 2) According to supply side economists, lower marginal tax rates will not necessarily lead to lower tax revenues because
Class, as Graham noted, if a note of negativity has already been established, asking these types of questions can be a way to a reset. However, this can be uncomfortable. When we are asking tough questions, how we present those questions can mak..
Suppose an economy characterized by the following equations; Assume W=10,000. Draw the aggerate expenditure function on a scale diagram along the 45 degree line.
many important economic theories develop as a result of particular economic crises facing societies. can you locate
Project managers do a lot more than calculations and reporting; they must keep the team on track, ensure ethical decisions are made, deal with conflict, and, depending on the type of organization, they may perform employee evaluations, issue bonus..
Explain how does the Heckscher-Ohlin theory differ from Ricardian theory in explaining international trade patterns.
Suppose the price of unleaded regular octane gasoline were 20 cents per gallon higher in New jersey than in Oklahoma. Do you think there would be an opportunity for arbitrage (i.e that the firms could buy gas in Oklahoma and then sell it at a profit ..
After two quarters of increasing levels of production, the CEO of Canadian Fabrication & Design was upset to learn that, during this time of expansion, productivity of the newly hired sheet metal workers declined with each new worker hired.
The problem is explains about non-market housing and how it is delivered in the UK or any other country. This type of housing is not a direct or regular real estate market.
Suppose you know that Canada's GDP in 1999 was $900 billion, and Canada's GDP in 1933 was $9 billion. What judgment about the change in the economic well-being of average Canadians could you make? Explain.
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