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The supply of X can be described as Qs = 30P whereas the demand for X is Qd = 2000-10P; where Qs is the quantity supplied, Qd is the quantity demanded and P is the price. As such, find the a) equilibrium price P, b) the quantity of X that will be produced if third parties are ignored, and c) what is the socially efficient output of X if each unit of X imposes a $10 external cost on third parties.
Construct a graph showing the outputs, and prices before and after the corrective taxes were imposed.
Consider the following data on US GDP-What was the grwoth rate of the GDP deflator between 1999 and 2000?
Life insurance companies require applicants to submit to a physical examination as proof of insurability prior to issuing standard life insurance policies.
Overview of the project's objectives and scope
You're the manager of copies are us. The only copy store in town, the carbon copy, recently got bids on adding a colour copier.
Discuss how the aggregate expenditure function shifts in response to changes in each of time following variables:
President Obama pushed his massive fiscal stimulus package of $787 through the Congress and later passed by the House and Senate, whose centerpiece was spending most of this stimulus funds
Assume that the payouts of the game were changed (if necessary) such that it results in gamblers having a positive expected value.
Calculate total factor productivity growth (our measure of technological progress) for each country using the growth accounting framework discussed in class.
Article may originate from the internet however please provide the link to the particular article you are reviewing.
How much does the gross price increase in each market
Draw a graph of the Batman family's supply of loanable funds curve fro 1999. Show the influence of this change on the Batman's supply of loanable funds curve.
Briefly discuss and illustrate the circumstances under which the minimum wage would (1) not lead to unemployement, amd (2) not cause a reduction in the total earnings of low-wage workers who are still employed.
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