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Some reject fiscal stimulus measures in all policy forms. Explain what the various limitations are to a successful fiscal stimulus. Be sure to consider the damaging activities and decisions of (a) private corporations, (b) commercial banks, and (c) wealthy individuals. Explore how these three leadership groups, each in their own way, frustrate and foil the goals of a fiscal stimulus program.
An ongoing policy issue is the privatization of hydro in the province of Ontario . Discuss privatization in terms of the production, transmission and retailing sectors . Specifically which sectors should be deregulated and why?
Consider the following production functionY = F(K, L) = A[αKρ + (1 - α)Lρ]1ρ ,where K stands for capital and L for labor. (b) Find and expression for output per capita in terms of capital per capita.
Given the data of real disposable income and real consumption, draw consumption function, determine the slope-What is the marginal propensity to consume?
(a) Calculate the total cost of the shares including commission. Give your answer in pounds. After 5 years, the shares are sold for 912 pence. (b) Calculate the income from the sale, before commission.
What's the difference between an Oligarchy and a Monopoly?
In other situations it would be reasonable for a purely competitive wheat farmer to raise his price per bushel because he could reduce his variable costs by selling less at a higher price. True or false, and why?
Discuss ballpark estimates for the overall economic impact of crime. Break down your estimate(s) into broad categories: for example, roughly what fraction of the overall cost of crime is due to murders, what fraction to illegal drug use.
If we had a PPF with the goods oil and lumber, how would be measure the MC of oil between points A and B ?
Explain the concepts of capital and capital maintenance as defined in the International Accounting Standards Board's (IASB) Framework for the Preparation and Presentationof Financial Statements (Framework).
For each level of output, calculate this manufacturer's marginal cost (MC) (For convenience, place the Marginal Cost between 0 and 1 boat on the second row, the Marginal Cost between 1 and 2 boats on the third row, and so on)
Select an article and write a one full page summary of the article and how it relates to macroeconomics.
Being assigned the duty of ensuring that 100,000 yens are to be paid on schedule next month, and taking into consideration the Currency Exchange rates wit spot and forward exchange rates, my decision would be to buy the Japanese Yen immediately???
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