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1. Please select a bill currently in congress and provide an economic impact analysis.
Congress.gov is a good place to start. Please be thorough in your analysis. Try to think about how the impacts of this legislation will work its way through our economy and how it will impact people, businesses, the environment, etc. What groups of people will be impacted and how? What industries will be impacted and how? Etc. Be as thorough as possible. We need to be able to do this type of analysis for the crazy stuff congress does, before the bills get passed so that we can either support them or get them stopped.
Analysis of the balance of trade and the financial flows between domestic and foreign entities. Imports and exports vital to Viet Nam’s GDP will be examined.
1. In which of the following situations is the Coase theorem likely to apply? Explain.
Who benefits from rent ceilings? Who suffers? What are the long-term effects of rent ceilings? How can landlords and tenants cheat on rent ceilings? Do you think the rent ceilings might lead to more discrimination against certain groups?
A professional photographer who specializes in wedding-related activities paid $16,000 for equipment that will have a $2000 salvage value after five years. He estimates that his costs associated with each event amount to $65 per day. If he charges $3..
Which of the following is best defined as a consciously coordinated social unit, composed of two or more people, which functions on a relatively continuous basis to achieve a common goal or set of goals?
Define three types of elasticity of demand. Indicate how you would use information from recent research paid by your company that the own price elasticity of your product is -1.2 and not -.08 as previously thought.
As a result of the Kansas-Nebraska Act:
Consider two neighboring island countries called Contente and Felicidad. They each have 4 million labor hours available per week that they can use to produce jeans, rye, or a combination of both. Calculate the gains from trade—that is, the amount by ..
Assuming that your interest rate, i, is equal to 14% annually, what would be your maximum offer (purchase price) on this machine?
Other things equal, would the formation of a customs union with many members be more likely or less likely to improve welfare for a given member country than the formation of a customs union with only a few members? Other things equal, would the form..
shutdown point case average variable cost market price lt average total costnbspif the market price in the above
A necessary cost-side condition for a firm to implement a cross-subsidization pricing strategy is:
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