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Oil prices are highly sensitive to global events, such as hurricanes, terrorist acts and foreign conflicts. One way to stabilize the price of energy is for our country to become independent of foreign supplies. However, exploring for natural gas and oil domestically always conflicts with environmental issues. What are some suggestions to keep energy prices stable? To what degree should the government get involved to insure energy independence?
We can see that aid to Africa has increased significantly over the last 40 years and that incomes in Africa have stagnated. Explain why these two facts do not constitute proof that aid is not effective in increasing incomes in Africa.
q. answer the following question using the keynesian model of a closed economy. suppose the federal government would
Use the graph to illustrate the economic concepts of scarcity, unemployment, inefficiency, and opportunity costs. When possible, use data points on the graph to accompany your verbal explanation.
Why does the government have to regulate the pollution that is put into the environment? What type of externality is pollution and why is society not able to bring about equilibrium in markets?
What is the relationship between social auditing and crisis management? What can organizations do to become better prepared for preventing and responding to ethical misconduct?
Indicate whether each of the following is counted in this year’s GDP: a. you bought a new Wii at GameStop last year and resold it on eBay this year. b. You purchase an “Investing for Dummies” book at Barnes and Noble. c. You purchase a historic home ..
Draw the intertemporal budget constraint. Be sure to label the axes, endowment point and the absolute value of the slope. Suppose that the individual’s interest income is taxed at 25% in both periods, and that interest payments are deductible at 25%...
An increase in the minimum wage
You are valuing an investment that will pay you $12,000 the first year, $15,000 the second year, $18,000 the third year, $21,000 the fourth year, $24,000 the fifth year, and $27,000 the sixth year (all payments are at the end of each year). What it t..
Discuss the issues associated with federalism and what local, state, and federal policy makers need to consider when developing emergency response policies?
During the last year, the demand for books has been falling. At the same time, some industry observers expected that several smaller book manufacturers might exit the market due to the strong competition imposed by Kindle. Clearly show on your graph ..
Switch grass was promised to be the new crop that would replace corn as the primary feedstock for bio-fuels a couple of years ago. Why have we still not switched to switch grass.
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