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Suppose the demand for X is given by Qxd = 100 – 2PX – 4PY + 10M + 2A, where PX represents the price of good X, PY is the price of good Y, M is income, and A is the amount of advertising on good X. Based on this information, we know that good X is a:
Cyclical unemployment and the natural rate of unemployment are sometimes hard to distinguish from each other, so economists are not very confident about estimates of the natural rate of unemployment. Still, since unemployment rates are consistently h..
Describe the tragedy of the commons. What problems are presented by the tragedy of the commons for moral evaluation of technological development? How would you address these problems?
Carbon tax could raise costs for industries that consume large amounts of energy, but some sectors are better positioned to recover the cost increases than others so Could higher energy prices hurt U.S. competitiveness? what can be done about it?
Assume that you are the manager of a firm. You are concerned about a potential increase in interest rates because it would reduce the demand for your products. Currently, economic growth is high, but annual inflation has increased from 3 percent to 5..
What is the present value now (t =0) of the total revenue if the interest rate of 17% per year? specify answer to nearest cent.
How does global regulation influence U.S businesses operating internationally? What are the major obstacles to global regulation?
Johnny Rotten consumes two commodities, namely garbage and vinyl records. He keeps the garbage in the backyard where it is eaten by goats and vermin. The reason he accepts the garbage is that people pay him $2 per sack for taking it.
Describe whether each of the following is an example of adverse selection or moral hazard, and why.
Consider the following multiplicative demand function where QD = quantity demanded, P = selling price, and Y = disposable income:
Some economists have suggested that we replace our system of taxpayer-guaranteed federal deposit insurance with a requirement that banks obtain deposit insurance from private insurers. Some economists argue that society would ultimately be better off..
Illustrate what should the U.S. Congress and the Federal Reserve do about it. Write your individual answers to both questions listed above together not each minimum 300 words in essay format in APA style.
Illustrate what is the present worth of the planned expenditures at an interst rate of 10% per year.
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