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Q1. What steps can a government take to ensure that sustainable development is always considered in assessing which major economic projects or investment proposals to accept?
Q2. "Logrolling" is a phenomenon in which elected representatives trade votes with one another. For instance, Representative A may be willing to vote for Representative B's preferred policy, even if A doesn't like it, provided that B will vote for Representative A's preferred policy, even if B doesn't like it.
Excise tax is levied on the buyers of a good, then after the tax buyers will pay for each unit of the good.
Under oligopoly, if one firm in an industry significantly increases advertising expenditures in order to capture a greater market share, it is most likely that other firms in that industry.
Give an example of a government created monopoly. Is creating this monopoly necessarily bad public policy?
China has continued to lag well behind the rest of the world in information technologies
What is the confidence interval for the proportion of households represented at a town meeting. Survey of households in a small town showed that in 850 of 1,200 sampled households.
Explain each of the following using supply and demand diagrams, With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.
MMM expects to generate $60,000 in earnings that will be retained for reinvestment in the firm this year.
The vertical long run AS curve compatible with classical economics implies that AD only determines the price level
Ordinary least- squares method or the two- satge least squares method for estimating industry demand for rutabagas.
Someone proposes to buy the farm from you for $1 million. Would you make more by selling the farm or keeping it
The equilibrium quantity increase or decrease depends on Demand
When would it make sense for a factory that is losing money to remain in operation
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