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Field discusses the key threats to sustainable management of forests and agricultural resources. First summarize these threats. Then,
a) Choose two specific government policies (pertaining to each of the two resource categories) that impressed you as significant and successful in enabling appropriate resource allocation to occur. Be certain to explain carefully why the policies are significant from your perspective. Briefly offer evidence as to their success.
Threats to sustainable management of forests and agricultural resources can be summarized as follows:
b) Choose two specific technologies (pertaining to each of the two resource categories) that impressed you as significant and successful in enabling appropriate resource allocation to occur. Be certain to explain carefully why the policies are significant from your perspective. Briefly offer evidence as to their success.
How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.
A tariff is simply a tax on imports. Use our model of the excise tax (with diagram) to describe why domestic firms request that tariffs be imposed.
If you can borrow (and lend) money at an interest rate of 8 percent, will the investment be a profitable undertaking? Is the project profitable at an interest rate of 12 per cent? Provide numerical calculations in support of your answers.
Find the optimal level of inputs L* and K* that minimize the cost of producing Q0. What is the cost of production associated to L* and K*?
Assuming no population growth or technological progress, find the steady state capital stock per worker, output per worker, consumption per worker and investment per worker given that the rate of saving is 20% and depreciation rate is 10%.
According to economist, if savings equal $5 trillion and spending equals $100 trillion, what will investment equal?
Assume that Florida migrant workers are effectively unionized. What will be the impact of unionization on?
Assume the new leadership in Congress decides to repeal some of the tax breaks granted to large businesses throughout the past several years. What impact will the repeal have on the exporting of jobs to foreign countries? describe by using isoquant ..
What is autarky price and quantity equilibrium for both home and foreign? What is the open trade price and volume under free trade.
What will be the effect of this change in policy on both the real and the nominal interest rate in the long - run?
Assume you hire a furloughed Wall Street analyst to aid you examine your production process, and she uses your historical cost records to estimate that your total cost function is C(Q) = 100 + 2Q + 3.5Q2. Using this equation, answer the following ..
Discuss how each of the following developments would affect the supply of the money, the demand for money, and the interest rate. For each case, describe what happens in closed economy and in small open economy. Describe your answers with diagrams.
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