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What is the net outcome of either tariffs or quota for the world economy?
q.1let x be a random variable with probability density function fxc1-x2 -1ltxlt10 elsewherea what is the value of c?b
The market demand for a rare mineral is Q = 1,300 – 10P and the market supply is Q = 6P. Suppose the government imposes a tax of $4 per pound on the consumer. How does your tax incidence analysis change in the face of the $4 per pound tax ? How does..
Some people argue that intense partisan competition forces each side to be a watchdog for the other, thereby achieving stability and balance. Others argue that this highly partisan environment leads to a paralysis in policymaking and detracts from ta..
What is an inflationary gap? What are the implications of this gap in terms of unemployment, real output, and the price level?
Medfin Accounting Company (MAC) specializes in providing accounting and tax services for medical establishment and professionals. Presently, the company's production method is highly labor-intensive because many of the book keeping tasks are done man..
Suppose you were appointed economic advisor to a less-developed nation in Africa. The nation seeks to encourage capital formation and wants to increase the rate of savings of its own residents as well as encourage foreigners to invest in their nation..
What are the four tenets of natural capitalism. Please explain and tell us which one is in your opinion the most crucial. Discuss ecological footprinting, what does it mean and what are its implications for a given society.
According to the graphical method used in class, ?gure out how a decrease in taxes (T) shifts the IS curve. Is this policy an expansionary ?scal policy or a contractionary ?scal policy? Why?[Hint: Use the Keynesian Cross]
You are the president of a commercial bank that is also a member of the Federal Reserve System, and you want to increase your bank's reserves. But you currently have negative excess reserves, in which case your bank is borrowing from the Fed and the ..
Consider the characteristics of the U.S. health care market.
Explain and discuss the difference between the original Phillips curve and the expectations- augmented Philips curve. Why did the original Phillips curve relation break down in the early 1970s? What are the policy implications of the non-accelerating..
How many of the following four business cycle facts can be explained if the primary cause of business cycles is temporary changes in total factor productivity: procyclical consumption, procyclical investment, procyclical employment, and procyclical r..
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