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Should computers be able to take pictures of your license plate and issue you a ticket for violations such as going through a toll without paying, or speeding?
Assume you’ve just been assigned to a project to determine the future demand for natural gas in a rapidly growing community where the population is expanding because of the influx of several large employers. Describe five additional factors that you ..
What are your predictions for the US economy over the next two years? Use the macroeconomic models you have learned to present a reasoned answer. Explain your assumptions clearly.
Explain the role culture may play in influencing entrepreneurship both at the individual and social level. Define culture in your response.
For each scenario, assess whether an externality is present.
Name the factors not counted in GDP that, in your view, most affect human welfare or happiness. How do you imagine that modifying to account for these factors would raise or lower current U.S. GDP relative to earlier times or other countries? (Be spe..
Write a recommendation to the Marketing Director that summarizes your findings and gives a recommendation on which type of resellers to pursue.
You make monthly deposits of $300 into an account that pays 3% per year. How much larger would the balance be after 4 years if interest is compounded continuously compared to monthly? Express your answer in $ to the nearest $0.10.
Consider illegal immigration. How would illegal immigration be affected if all countries had property ownership rights as well defined as in the United States? Describe the types of information that market prices provide.
Assume world oil supply is 72 million barrels per day at a price of $49 per barrel. Suppose that if the price per barrel of oil increases to $58 per day, then 83 million barrels of oil will be supplied. Using the midpoint formula, what is the price e..
Economic expansion throughout the rest of the world raises the world interest rate. Use the Mundell–Fleming model to illustrate graphically the impact of an increase in the world interest rate on the exchange rate and level of output in a small open ..
Jersey Imports, Inc., markets electronic devices imported from Thai producers. The company recently introduced an innovative and enormously successful 5 GB Joystick (computer memory device), but a flood of competitor entry and downward pressure on bo..
Assume the Frisco RoughRiders (a AA minor league team affiliated with the Texas Rangers) has a demand for tickets given by P=50-10Q, MC=5, where Q is equal to tickets in 1000s. What is the equilibrium price and quantity of RoughRiders tickets if they..
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