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Suppose obesity does NOT create negative externalities even though it creates high personal costs. From a point of view of behavioral public economic, should the government intervene to help prevent obesity? Explain why.
a). Derive the equation for the IS curve b)Find the equation for LM curve. c)express both IS and LM curves in terms of r, and graph both curves.Find their slopes. d) Calculate the equilibrium levels of real utput, interest rate, planned investment, a..
Two large diversified consumer product firms are about to enter the market for a newpain reliever. The two firms are similar in strategic approach.
What is the inflation tax, and how might it explain the creation of inflation by a central bank? Explain how inflation affects savings and investment
When measuring the GDP for a particular year, why do economist include only final goods? Why don't they include the value of stocks and bonds sold?
Examine the tools of fiscal policy also explain how they are used to reduce inflation or eliminate a recession.
Some economists believe that Fiscal Policy can affect swings in the business cycle. Looking back to the book, it discusses the Japanese government and their government cutting taxes.
Write a program in which the computer plays against a human opponent. Generate a random integer between 10 and 100 to denote the initial size of the pile.
Explain why do some regions promote unrestricted trade within their region but restrict trade that crosses the region's boundaries.
Illustrate the economy's adjustment to its long run equilibrium only, as the formerly dislocated (and now retrained) labour force is finding employment in new industries.
A man is fired from his job because he was late for work too many times; While he is searching for another job, he would not be counted in the labor force because his employer had a legitimate reason for firing him.
If you select 5 microprocessors from 100 microprocessors, where 30 of the 100 are defective, what is the probability that you select no defective processors?
Illustrate what other economic factors are affected when taxes are raised or lowered, and how are they affected.
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