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In 2011, the Deepwater Horizon oil spill in the Gulf of Mexico causd heavy damage to the fishing and tourism industries of Louisiana and other coastal states. In addition, there were long-term ecological impacts on fish and wildlife. Describe how this might be accounted for in the 2011 national accounts of the United States, if they were environmentally adjusted: A: In terms of depreciation assets B. In terms of flows of produced goods and services (Describe in detail how two approaches to assigning dollar values might be applied)
Is limitless growth really possible? What forces do you think will be most important in slowing or halting economic growth?
Who in the Ethiopian society has the most difficult time dealing with scarcity? How can their society provide for their wants and needs? Why are they so impoverished? What can their governments do to help, or hinder their country's development?
Illustrate what would happen in the market, please Specify whether the policy would cost the Chinese government anything also if so, and explain how much.
In the USA buying and selling of human organs is illegal. Those who need organs cannot buy organs from the market and those who donate organs cannot sell their organs. In your diagram show the effect of this policy change. Will this policy increase t..
One implication of the Lucas Critique is that
q1. if the production possibilities frontiers shown are each for one day of manufacture subsequently which of the
Explain how a bill become a law in order.the bill goes back to the floor of the senate for consideration. the house committee, compairised of members from both houses of congress,works outany differences concerning the bill.
Is it appropriate and ethical for employers to look into social networking sites of employees when they are not working? Argue that it is not appropriate and ethical..
As a manager of a firm you find the marginal cost of the firm to be $10 and the fixed cost $100. For the range of prices that you are planning to charge, own price elasticity of demand is believed to be –1.25. Calculate the optimal (profit maximizing..
q1. a what output will maximize profit? what is this profit?b will output increase if the price rises to 4.50 to 5.25?
The Milwaukee Brewers are playing their archrival the Chicago Cubs. Bleacher tickets for the game were sold out and many fans would have attended if tickets were available. Did the Brewers use the optimum pricing policy? Explain. If not, explain. Wha..
Should the United States pass a minimum wage that assures all workers earn a wage above the poverty level? Defend your position using economic principles. I need a YES answer using economic principles to defend your answer?
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