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Explain the liberal perspective on markets and the state with specific reference to the Keynes/Hayek debate. Why are the differences between them vital for understanding contemporary international political economy?
A free-market republican argues against the Pigouvian tax by pointing out that the conditions necessary for the Coase Theorem to produce an efficient equilibrium are present in this situation. Assuming that the republican is correct, describe two met..
This document contains various important questions and their appropriate answers in the subject field of Economics.
The initial offering price was $34.40 per share, and the stock rose to $41 per share in the first few minutes of trading. Bostitch paid $905,000 in legal and other direct cost and $250,000 in indirect costs. What was the flotation cost as a perce..
Illustrate what is the effect on the marketplace for an hour of babysitting services in Middling today, during this increased birthrate.
What is the level of price, output, and amount of profit for an unregulated monopolist? (b) Using the data in the table, what are the price, output, and profit for a regulated monopolist that sets price equal to marginal cost compared with an unregul..
Recently the government imposed a new requirement that gasoline contain 10% ethanol; the ethanol is made from corn. This new government ethanol mandate has affected the market for cereal made from corn (such as corn flakes and Captain Crunch).
Compute the equilibrium level of income for the open economy aggregate expenditure model.
According to the Keynesian view “Businesses will undertake all investment projects for which the expected rate of profit equals or exceeds the interest rate.” Explain what this means.
From the e-Activity, assess how business leaders use managerial economics to make business decisions indicating how profits may be impacted.
What are Southwest Airline's Political, Economical, Social, Technical, Legal, and Environmental Issues currently facing the company?
Illustrate what problem is posed by any comparison over time of market values of various total outputs. How is this problem resolved.
What does Autor mean by "polarization of job opportunities?" Illustrate what is the primary cause of this polarization.
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