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Vaccinating people for measles, rubella, polio, and cholera to substantially increase net social benefits by improving the health and productivity of the population is an example of
a. economies of scale.
b. external economies.
c. negative externality.
d. net present value.
Explain exactly how monetary policy worked back in March of 2006. That is, who exactly decides on changing the target for the federal funds rate and what exactly is the federal funds rate? How does the federal funds market operate - what is it use..
Although all appliances are given a unique serial number when manufactured, until this year Armonco had no capability of determining how often any appliance was brought to an authorized service facility.
The North Carolina Association of Professional Cat Groomers has asked the state legislature to require that anyone who offers cat grooming services in the state must have a license. Under the Association's proposal, any of the existing members of ..
Elucidate what would social security payments have been in 2001 if the actual rate of inflation had been used.
An increase in the demand for LED light bulbs due to changes in consumer tastes, accompanied by an increase in the supply of LED light bulbs as a result of government subsidies, will result in
The government provides national dental insurance benefits for all U.S. citizens that cover 100% of the cost of all dental services. There are two effects of this policy. First, there will be an increase in the number of consumers of dental servic..
Based on the saving and investment relationship in the closed economy, explain how an increase in government pushes (G) can affect growth in output per worker. We assume that the taxes that the government collects remain unchanged.
You manage a US based company that makes shoe laces that you sell in a highly competitive marke
Using the basic Economic concepts answer the questions below. Explain based on the Economic concepts the reason why college students choose to study.
Lou's preference over pizza(x) and other goods(y) are given by U(x,y) = xy, with associate marginal utilities MUx=y and MUy=x. His income is $120.
Consider the transition (towards market capitalism) experiences of Russia, Poland and China.
Why does a temporary increase in the real wage increases the amount of labor supplied, but a permanent increase may decrease the quantity supplied. Condiotions of this too happen too.
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