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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.
Annual per capita consumption of milk in the U.S. is 21.6 gallons. Being from the Midwest, you believe milk consumption is higher there and wish to support your opinion. A sample of 16 individuals from the Midwestern town of Webster City showed a sam..
Monumental architecture is unique to individual cities, illustrate what does the structure imply about the socio- economic also political organization which created it.
If the threat effect is larger than the spillover effect, then the difference between the wages earned by union members and those earned by comparable non-union workers is greater than the amount by which unionization increases the wages of union mem..
Examine the major effects that government policies have on production and employment. Predict the potential effects that government policies could have on your company.
Either an increase in demand with the supply curve held constant or a decrease in supply with the demand curve held constant will raise a market's equilibrium price.
What does the high degree of effective control of the world economy by 'the corporate tribe,' along with the extreme concentration of personal wealth in the United States in the hands of the same individuals.
1. Identify 3 businesses, corporations etc. which you feel most closely fit the definition of a monopoly. Be sure to include the 2 criteria that must be present to have a monopoly.
Discuss the moral hazard referred to as Conflicts of Interest. Give a recent example of one that existed and discuss the actual or proposed remedy. Give your analysis of whether this remedy adequately addresses the problem. Explain your rationale.
Problem 1: David has $50 to spend on chocolate (X) and ice cream (Y). The price of chocolate, PX, is $5, and the price of ice cream, PY, is $8. His utility function for chocolate and ice cream is given by U = 2X1/4Y1/5.
If the inflation free rate is an annual 13% and inflation is an annual 4%, what is the annual market interest rate? If you anticipate an annual inflation rate of 4.0% in the current economy and can make an investment that is expected to appreciate at..
In neoclassical economics, based on the cost and the demand, a firm is assumed to choose its profit maximizing level of output. According to Hayek, what’s the problem with these assumptions?
Morgan, a widow, recently passed away. The value of her assets at the time of death was $8,600,000. The cost of funeral was $18,000, whil estate administrative costs totaled $52,000. As stipulated in her will, she left $1,000,000 to charities. what i..
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